Economics Chapter 5 Supply

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Across
  1. 4. government intervention in a market that affects the production of a good
  2. 6. the additional income from selling one more unit of a good; sometimes equal to price
  3. 7. a chart that lists how much of a good a supplier will offer at various prices
  4. 8. a cost that rises or falls depending on the quantity produced
  5. 11. a cost that does not change, no matter how much of a good is produced
  6. 12. a factor that can change
  7. 14. a measure of the way quantity supplied reacts to a change in price
  8. 15. the amount of a good as its price increases and less as it falls
  9. 16. a government payment that supports a business or market
  10. 17. the amount of goods available
  11. 18. a tax on the production or sale of a good
  12. 19. the total cost divided by the quantity produced
Down
  1. 1. a chart that lists how much of a good all suppliers will offer at various prices
  2. 2. the cost of producing one more unit of a good
  3. 3. the cost of operating a facility, such as a factory or a store
  4. 5. the sum of fixed costs plus marginal costs
  5. 9. producers offer more of a good as its price increases and less as its price falls
  6. 10. a graph of the quantity supplied of a good by all suppliers at various prices
  7. 13. a graph of the quantity supplied of a good at various prices