Economics - Supply
Across
- 3. responsiveness of quantity supplied to a change in price
- 5. the supply curve that shows the quantities offered at various prices by all firms that sell the same product at a given time
- 7. government payment that encourages or protects a certain economic activity
- 8. specific amount offered for sale at a given price point; point on the supply curve
- 10. change in the amount offered for sale in response to a price change; movement along the supply curve
- 11. a graph that shows the price against the quantities supplied
Down
- 1. a table showing the quantities that would be produced or offered and every possible price
- 2. the amount of a resource or product that a supplier or producer has
- 4. Price and quantity of supplies remain in a direct relationship
- 6. The shift of the supply curve to the left or right
- 9. different