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Across 2. Refers to the amount of goods and services that consumers are willing and able to buy in a given period of time at a particular price. 5. Goods that can be used in place of another good is called a _______ good. 8. _______ goods are goods that are demanded at a higher price. 9. _______ occurs when quantity demanded and quantity supplied are equal and there is no tendency for the market to change. 11. A ______ of demand occurs when quantity demanded falls due to an increase in price, cetris peribus. 13. A _______ occurs when the quantity demanded is greater than the quantity supplied at a given price. 15. _______ good refers to a good for which an increase in income causes an increase in demand. 16. _______ mechanismis the price system that determines the price of goods and services by interacting the supply and demand. 17. A ______ good is a good for which an increase in income causes a decrease in demand. 18. A _______ good is good for which an increase in income causes a decrease in demand. 19. The demand for the factors of production are known as _______ demand. 20. Refers to the quantity of a good that producers are willing and able to sell at various possible prices over a given period of time.

Down 1. Goods that are jointly demanded or used together are known as ______ goods. 3. A change in any ______ of demand for a good, other than the price, will shift the entire demand curve. 4. An ______ of demand occurs when quantity demanded increases due to a fall in price, cetris peribus. 6. A ______ occurs when the quantity supplied is greater than the quantity demanded at a given price. 7. _______ supply - Demand for one good will lead to the increase in the supply of the other. 10. A situation where buyers and sellers exchange money for goods and services. 11. _______ sovereignty is the major factor influencing the price of goods and services. 12. _______ demand is when a single product can be used for several things. 14. A change in _______ demanded is a movement along a demand curve caused by a change in the price of a good.