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Understanding economic context: 1. Demand and Supply

Business Studies Year 10 : Name..................

1   2      
3 4  

1.Where goods and services are offered for sale at given prices
5.Raw materials which are bought and sold in large quantities
6.The buyer is willing to pay and seller is willing to accept this.
7.The amount sellers are willing to offer for sale at given prices
2.Materials used in manufacture (2 Words)
3.The amount which customers are willing and able to buy at given prices
4.Everday products that we all use
5.An everyday product in the goods market

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