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DEMAND AND SUPPLY THEORY CROSSWORD

Crossword Puzzle

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Explore the fundamental concepts of demand and supply through this engaging puzzle.

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Malaysia

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DEMAND AND SUPPLY THEORY CROSSWORD
 

Crossword Puzzle

DEMAND AND SUPPLY THEORY CROSSWORDOnline version

Explore the fundamental concepts of demand and supply through this engaging puzzle.

by PUSHPALATHA A/P APPANAIDU (PSA)
1

The intersection between supply and demand curve.

2

Goods that can be replaced the function of other goods. Example Tea and coffee

3

An excess of supply over demand, often leading to price reductions.

4

A situation where demand exceeds supply, causing potential price increases.

5

The relationship between price and quantity supplied are parallel

6

The quantity of a good or service that consumers are willing and able to purchase at given prices in a specific period of time.

7

The total amount of a product or service that producers are willing to sell at different prices in a given period of time.

8

A platform where buyers and sellers interact to exchange goods and services.

9

Goods that need to be used together with other goods in order to complete its function. Example printer and cartridge

10

In Law Of Demand the relationship between price and quantity demand are ______ relationship

11

Government imposed limit on how high a price can be charged for a product, commodity, or service. Its normally below the market equilibrium price and its purpose is to protect the consumer.

12

It is set by governments to ensure that the market price does not fall below a level that would threaten the financial viability of producers, and its purposes is to protect the farmers. It usually set above the equilibrium price.

13

As the price of the goods increase, producer will offer more.

14

___________ goods are goods for which demand increase when income rises and decrease when income falls.

15

______________ supply are the quantity of goods and services that ALL FIRMS in a industry or market is able and willing to produce at a certain price in a given period.

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