Chapter 4 Vocabulary Quiz Crossword
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
                                              
 
 
Down: 1) competing products that can be used in place of one another.2) consumers demand different amounts at every price, causing the demand curve to shift to the left or the right.5) satisfaction or usefulness obtained from acquiring one more unit of a product.6) type of elasticity where the percentage change in the independent variable causes a less than proportionate change in the dependent variable.9) type of elasticity where the percentage change in the independent variable causes a more than proportionate change in the dependent variable.11) the desire, ability, and willingness to buy a product Across: 3) a measure of responsiveness that tells us how a dependent variable such as quantity responds to a change in a independent variable such as price.4) products that increase the value of other products.7) measure of responsiveness relating change in quantity demanded to a change in price.8) graph showing the quantity demanded at each and every possible price that might prevail in the market at a given time.10) listing showing the quantity demanded at all possible prices that might prevail in the market at a given time.12) decreasing satisfaction or usefulness as additional units of a product are acquired.13) elasticity where a change in the independent variable generates a proportional change of the dependent variable.14) movement along the demand curve showing that a different quantity is purchased in response to a change in price.
 

 

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