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Demand and Market Scramble

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Demand and Market Scramble

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About this activity

Unscramble key economic terms about demand and markets.

Created by

Juvelle Capistrano
Juvelle Capistrano
Philippines

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Demand and Market Scramble
 

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Demand and Market ScrambleOnline version

Unscramble key economic terms about demand and markets.

by Juvelle Capistrano
1

The quantity of a good or service buyers are willing to purchase at various prices.

2

The quantity producers are willing to offer at various prices over a period.

3

The arena where buyers and sellers interact to trade goods and services.

4

As the price of a good rises, the quantity purchased tends to fall, and as it falls, quantity rises, all else equal.

     
  
  
5

The monetary value assigned to a good or service in a transaction.

6

A measure of how much the quantity responds to a change in a variable such as price.

7

The total money received by households that affects purchasing power.

8

Goods that can replace one another in consumption, so a rise in the price of one can boost demand for the other.

 
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