Econ Crossword
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
                                                  
 
 
Down: 1) After a certain point adding one more variable input will cause output per variable input to decrease2) Movement along the supply curve caused by a change in the price of the item itself3) Degree to which a price change effects the quantity supplied 4) Extra revenue associated with the production of one additional unit of a product 6) Table listing quantities of a particular product supplied at all possible prices in the market8) Total fixed cost remains the same 9) Cyst that changes when the business rate of operation or output changes 10) Extra output or change in total product caused by the addition on 1 or more unit of a variable input 11) The amount of a product that producers are willing & able to sell at all possible prices 13) Graph showing various quantities supplied at each & every price 14) Total product the business needs to sell in order to cover it's total costs17) Period of production that allows producers to change only the amount of variable input called labor 22) Period of production long enough for producers to adjust to quantities of all their resources Across: 5) Marginal costs and marginal revenue are =7) Total output produced by a firm12) The extra benefits to the extra costs of an addition 15) Describes the relationship between changes n output to different amounts of a single Input16) Price goes up supply goes up... More for sale at high prices 18) In the short run the output will change as one input is varied while others are held constant19) # of units sold multiplied by the average price per unit20) Extra cost incurred when a buisness produces 1 additional unit of a product 21) The supply curve caused by producers willingness to produce different amounts at the same prices23) Sum of the fixed & variable cost24) Relationship between the factors of production & the output of goods & services
 

 

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