economic

The amount of goods available

• supply

• law of supply

• quantity supplied

• supply schedule

1. The tendency of suppliers to offer more of a good at a higher price.

• law of supply

• quantity supplied

• supply schedule

• variable

The amount a supplier is willing and able to supply at a certain price.

• supply schedule

• quantity supplied

• market supply schedule

• market supply curve

A chart that lists how much of a good a supplier will offer at different prices.

• supply curve

• variable

• supply schedule

• elasticity of supply

A factor that can change.

• supply curve

• variable

• increasing marginal returns

A chart that lists how much of a good all suppliers will offer at different prices.

• excist tax

• operating cost

• Market Supply Schedule

• diminishing marginal returns

1. A graph of the quantity supplied of a good at different prices.

• marginal product of labor

• Supply Curve

• regulation

• variable

1. A graph of the quantity supplied of a good by all suppliers at different prices.

• marginal revenue

• elasticity of supply

• operating cost

• Market Supply Curve

1. A measure of the way quantity supplied reacts to a change in price.

• Elasticity of Supply

• fixed cost

• supply

• supply schedule

1. The change in output from hiring one additional unit of labor (Worker).

• total cost

• variable cost

• Marginal Product of Labor

• excise tax