Supply Schedule and Curve

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Across
  1. 4. Revenue – cost
  2. 6. As the price increases, the quantity supplied increases, vice versa, ceteris paribus
  3. 7. The graph drawn from the information in the supply schedule
  4. 9. The amount paid by the producer to get the product ready to sell e.g. wages, packaging, electricity
  5. 10. How much income the firm earns, usually from selling its product or service.
Down
  1. 1. A table that shows the quantity of a good or service an individual firm is willing and able to supply at a series of prices
  2. 2. The amount producers receive when they sell a good or provide a service.
  3. 3. The Supply curve is always __________ sloping
  4. 4. The difference between revenue and costs. This shows the firms ability to cover its costs.
  5. 5. Easy way to remember supply is upwards sloping, "S" to the _____
  6. 7. The amount of good or service that a firm is willing and able to produce at various prices at a certain time
  7. 8. Someone that makes or supplies a good or service.