Supply

________ means total fixed costs

• Supply

• Total Revenue

• Overhead

• Variable Costs

The amount of a good or service a producer is willing and able to offer at a particular price

• quantity supplied

• supply

• law of supply

• subsidy

Total amount earned by a firm from the sale of its products is _________.

• supply

• total revenue

• profit

• makin' bank bro

How much quantity supplied changes due to a change in price is called ___________

• subsidy

• variable cost

• marginal revenue

• supply elasticity

More will be offered for sale at higher prices than at lower prices is ________. It's a direct relationship between price and quantity supplied

• supply

• fixed cost

• law of supply

• overhead

A cost of doing business that remains constant as production increases/decreases is a(n) _________

• variable cost

• fixed cost

• subsidy

• expense

___________ is the revenue for additional output obtained by employing one more unit of input.

• Variable cost

• Total revenue

• Marginal revenue

• Subsidy

A government payment to a business to encourage or protect a certain economic activity is a _______.

• supply

• fixed cost

• subsidy

• crime

_______ is the amount of a good or service that a producer is willing and able to sell at various possible prices during a time period.

• Quantity supplied

• Total revenue

• Overhead

• Supply

The cost of doing business that's changed directly with a change in the output, this rises and drops during production and is known as __________.

• fixed costs

• variable costs

• overhead

• total revenue