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Across 3. measure of responsiveness to a change in price 4. an additional amount of satsfaction 8. economic rule stating that as more units of a factor of production are added, total output continues to increase, but at a diminishing rate 9. situation in which quantity supplied is greater than quantity demanded 10. economic concept dealing with consumers' responsiveness to an increase or decrease in price 11. economic rule stating that individuals cannot keep buying the same quantity of a product if its price rises while their income stays the same 12. the amount of a good or service that producers are able and willing to sell at various prices during a specified time period 13. the distribution of goods and services based on something other than price 14. the amount of a good or service that consumers are able and willing to buy at various possible prices during a specific time period

Down 1. economic rule stating that the additional satisfaction of a consumer gets from purchasing one more unit of a product declines with each additional unit purchased 2. price at which the amount producers are willing to supply is equal to the amount consumers are willing to buy 3. economic rule stating that if two items satisfy the same need and the price of one rises, people will buy the other 5. process of freely exchanging goods and services between buyers and sellers 6. amount that producers are willing to sell at various prices 7. economic rule stating that price and quantity supplied move in the same direction 8. economic rule stating that the quantity demanded and price move in opposite direction