Supply Chapter Crossword
Across
- 2. Market supply curved is obtained by ___ summation of individual supply curves
- 5. Quantity of a commodity that a firm is willing and able to offer at a given price at a period of time
- 6. the production depends on climatic condition and hence an exception of law of supply
- 8. All the supply curves which pass through the origin are
- 9. Decrease in Supply/Downward movement
- 11. Government policy; Increase in this leads to decrease in profit maximisation
- 15. price elasticity of supply is
- 16. if supply curve is perfectly inelastic it is ___.
- 19. The most important factor determining the supply of a commodity
- 23. one of the important element of supply is ___ to sell.
- 25. Period in which output can be changed by changing only variable factors
- 27. it is always with reference to price
- 29. Period in which output can be changed by changing all factors of production
- 30. Ceterisus paribus
Down
- 1. Quantity of a commodity that all the firms are willing and able to offer for sale at a given price during a given period of time
- 3. Raise in profit due to technology is because of __.
- 4. Law of supply is a ___ statement
- 7. Total quantity of a particular commodity that is available with the firm at a particular point of time
- 10. The basic aim of a producer while supplying a commodity
- 12. supply curve shows ___ relationship between price and quantity supplied keeping other factors constant.
- 13. If Advanced and improved it raises the profit margin
- 14. change in the variable on the Y-axis divided by the change in the variable on the X-axis
- 17. extension in supply
- 18. expectation of rise in price in the future would lead to __ in supply
- 20. supply is expressed as a relationship between price and ___
- 21. shift due to increase in supply
- 22. shift due to increase in supply
- 24. single seller
- 26. the percentage method can also be converted into this method.
- 28. When supply price increases in the short run, the profit of the producer __.