1.2 0.0 / 5 ? Business Studies & EconomicsMarketA2/A-levelAQA Created by: emilyenoch12Created on: 14-11-17 22:14 10325894671 Across 1. relationship between price and quantity of a product that producers want to create and sell, shows total amount supplied to market by all producers at a range of different pricesPri (6, 5) 5. % change in quantity demanded / % change in price (3, 8) 7. amount of a product that customers will want and be able to buy at a range of different prices (6) Down 2. graphical representation of the relationship between quantity demanded and price for a product or service (6, 5) 3. total output of all individual suppliers to a particular good/service (6, 6) 4. quantity of a good/service that a producer is willing and able to supply onto the market at a given price in a given time period (6) 6. measures the responsiveness of demand to a change in a relevant variable such as price (10) 8. found where supply and demand are equal, where both sellers and buyers are happy with the price and quantity (11) 9. difference between original price and new price / original price x100 (0, 6, 2, 5) 10. price x quantity (7)
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