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Economic Mid-term Crossword
Down
:
2) a level of production in which the marginal product of labor decreases as the number of workers increase
3) a graph of the quantity supplied of a good at different prices
4) the amount a supplier is willing and able to supply at a certain price
5) a table that lists the quantity of a good all consumers in a market will buy at every different price
7) a tax on the production or sale of a good
8) the additional income from selling one more unit of a good; sometimes equal to price
9) a cost that rises or falls depending on how much is produced
10) A government payment that supports a business or market
Across
:
1) a chart that lists how much of a good supplier will offer at different prices
6) a measure of the way quantity supplied reacts to a change in price
11) the change in output from hiring one additional unit of labor
12) economic law that states that consumers buy more of a good when its prices decreases and less when its prices increases
13) a level of production in which the marginal product of labor increases as the number of workers increases
14) a chat that lists how much of a good all suppliers will offer at different princes
15) the cost of producing one more unit of a good
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