Economics Crossword
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
 
 
Down: 1) Extra output or change in total product caused by the addition of 1 or more unit of a variable input 2) Describes the relationship between the factors of production & the output of goods & services3) Cost that changes when the buisness rate o foperation or output changes 5) The principle that supplier swill normally offer more at high prices & less at low prices 7) Extra cost incurred when a buisness produces 1 additional unit of output Across: 4) Total fixed cost remains the same6) Total output produces by a firm 8) Marginal costs & marginal revenue are equal 9) After a cretain point adding one more variable input will cause the output per variable input to decrease
 

 

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