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