SUPPLY ECONOMICS

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Across
  1. 1. The ability and willingness of sellers to make things available for sale
  2. 4. The extra amount produced by adding one resource to production
  3. 6. The belief that as the price of a good rise, the quantity supplied will rise
  4. 8. When a change in price has very little effect on the quantity supplied
  5. 10. A government grant
Down
  1. 2. The belief that in the short run, changing one of the inputs changes the output
  2. 3. When a change in price has a big effect on the quantity supplied
  3. 5. The additional cost of producing one more unit
  4. 7. A graph showing that suppliers are more willing to sell at higher prices than lower prices
  5. 9. Money that people and businesses pay to help pay the cost of government