Economics Crossword
Across
- 2. a measure of the way quantity supplied reacts to a change in price
- 7. a level of production in which the marginal product of labor increases as the number of workers increase
- 9. total cost divided by quantity produced
- 13. graph of the quantity supplied of a good at different prices
- 14. addtitional income from selling one more good
- 16. amound that a supplier is willing and able to supply at a specific price
- 18. cost that rises and falls
- 20. desire to own something and the ability to pay for it
- 21. table that lists the quantity of a good all consumers in a market will buy at various prices
- 22. total amount of money a company recieves by selling a good or service
- 23. sum of fixed costs plus variable cost
- 25. the statistical characteristics of population and population segments especially when used to identify consumer markets
- 26. good that are used in replace of another
- 28. a factor that can change
- 30. a good consumers demand more of when their incomes increase
- 31. cost of operating a facility
Down
- 1. consumers buy more of a good when its lower and less when its higher
- 3. government intervention in a good market that affects the production of a good
- 4. the cost of producing one extra good
- 5. graph of the quantity supplied of a good by all suppliers at different prices
- 6. a chart that lists how much of a good all suppliers will offer at various prices
- 8. when consumers react to an increase in a good and more of a substitute good
- 10. two good that are bought and used together
- 11. cost that does not change
- 12. table that lists the quantity of a good all consumers in a market will buy
- 15. a good that consumers demand less of when thier incomes increase
- 17. the change in consumption that results when a price increases
- 19. demand that is not very sensitive to price changes
- 20. graphic representation of a demand schedule
- 24. the change in output from hiring one additional unit
- 27. producers offer more of a good as its price increases and less as its price falls
- 29. measure of how consumers respond to price changes