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Econ. Chapter 5 Vocab

Mrs. B

Vocabulary word for Chapter 5: Supply

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Across
8.A tax on the production or sale of a good.
10.The amount that a supplier is willing and ables to supply at a specific price.
12.Amount of goods available.
13.A government payment that supports a business or market.
14.A chart that lists how much of a good a supplier will offer at various prices.
Down
1.A measure of the way quantity supplied reacts to a change in price.
2.The additional income of selling one more of a unit.
3.A table that lists the quantity of a good all consumers in a market will buy at various prices.
4.Producers offer more of a good as its price increases and less as its price falls.
5.A cost that does not change no matter how much of a good has been produced.
6.The cost of operating a facility, such as a factory or store.
7.A government intervention in a market that affects the production of a good.
9.The sum of fixed costs plus variable costs.
11.A factor that can change.

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