Relier Pairs Demand and Supply Matching GameVersion en ligne Match key concepts related to demand and supply in this interactive game. par RADHIKA SAWA 1 Price Ceiling 2 Equilibrium Price 3 Surplus 4 Supply 5 Price Floor 6 Demand 7 Shortage 8 Elasticity Quantity of a product producers are willing to offer at a given price When quantity demanded exceeds quantity supplied When quantity supplied exceeds quantity demanded Price at which quantity demanded equals quantity supplied Minimum price set by the government to prevent prices from falling too low Measure of how quantity demanded or supplied responds to changes in price Quantity of a product consumers are willing to buy at a given price Maximum price set by the government to prevent prices from rising too high
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