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Chapter IV Supply and Demand

Mike to the fudgin' Hudson

This is really cool in place of doing actual homework. Ya dig?

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Across
2.a situation in which quantity supplied is greater than quantity demanded
4.the claim that, other things equal, the quantity of a good falls when the price of the good rises
6.two goods for which an increase in the price leads to a decrease in the demand
9.two goods for which an increase in the price of one leads to an increase in the demand for the other
11.a Latin phrase that nobody knows how to prounce except for maybe Nektarios
12.a good for which other things equal, an INCREASE income leads to an INCREASE in demand
14.the amount of a good that buyers are willing and able to purchase
15.the claim that, other things equal, the quantity supplied of a good rises when the price of the good rises
16.a good for which, other things equal, and increase in income lends to a DECREASE in demand
17.a graph of the relationship between the price of a good and the quantity demanded
18.a group of buyers and sellers of a particular good or service.
Down
1.a table that showa the relationship bewteen Herr Ruth and Rich Lenard or price of a good and the quantity of demand
2.a table that shows the relationship bewteen the price of a good and the quantity supplied or a love - hate relationship between Zach and Ethan
3.market in which there are many buyers and many sellers so that each has a negligible impact on the market price
5.is a person that is super cool
7.is even cooler than Mrs. Frietag
8.a person that has red hair
10.the amount of a good that sellers are willing and able to sell..(Like G-Strings)
13.a graph of the relationship between the price of a good and the quantity supplied at each price

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