Across
- 3. cost changes when rate of output changes
- 5. short production period
- 9. long enough to make adjustments
- 11. total receipts from a firm from the scale of a given quantity
- 12. graph showing quantity sold at certain prices
- 14. output increases at a decreasing rate as more input is added
- 15. cost of production, does not change
- 16. government payment to increace economic activity
- 17. amount a firm is offering
- 20. revenue needed to cover total amount of fixed cost
Down
- 1. variables plus fixed cost
- 2. relationship between changes in economic variables
- 4. supply more will be offered at a high price
- 6. materials used in production
- 7. curve shows quantities sold at all prices
- 8. production relationship between input and output
- 10. things that manipulate price
- 13. electronic business over the internet
- 18. extra cost after adding one unit of production
- 19. cost, tax, rent, salaries