Fill in the blank: A law stating that as the price of a good increases, the quantity supplied of the good increases, and as the price of a good decreases, the quantity supplied of the good decreases is called the _________.

Fill in the blank: A relationship between two factors in which the factors move in the same direction. For example, as one factor rises, the other rises, too. This is called a _________ relationship.

Fill in the blank: The number of units a good produced and offered for sale at a specific price is called _________.

Fill in the blank: A numerical chart illustrating the law of supply is called a _________.

Fill in the blank: A graph that shows the amount of a good sellers are willing and able to sell at various prices is called a _________

Fill in the blank: The body of skills and knowledge concerning the use of resources in production is called _________.

Fill in the blank: The ability to produce more output with a fixed amount of resources is called _________

Fill in the blank:

Fill in the blank: A financial payment made by government for certain actions is called a _________.

Fill in the blank: A legal limit on the number of units of a foreign-produced good (import) that can enter a country is called a _________.

The relationship between the percentage change in quantity supplied and the percentage change in price is called _________

Fill in the blank: The kind of supply that exists when the percentage change in quantity supplied is greater than the percentage change in price is called

Fill in the blank: The kind of supply that exists when the percentage change in quantity supplied is less than the percentage change in price is called