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chapter 4 cross word

Across
Are goods and services that can be used in place of each other
Are goods that consumers demand more of when their income rise
A change in the amount that consumers will buy because they substitute goods instead
Increase or decrease in the amount demanded because of change in price
Is the change in the amount that consumers will buy because the purchasing power of their income changes
When the percentage change in price and quantity demanded are the same
Occurs when something prompts consumers to buy different amounts at every price
If quantity demanded changes significantly as price changes
Down
Is a method of measuring elasticity by comparing total revenues
Is a company's income from selling its product
Are goods that consumers demand less of when their income rises
Is a measure of how responsive consumers are to price changes
If quantity demanded changes little as price changes
Are goods that are used together