1. 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 200 300 400 500 100 SUPPLY 32nd33rd26th18th

2. What is a cost that does not change no matter how much of a good is produced?

3. fixed cost

4. What is the cost of running a facility, such as a store or factory?

5. operating cost

6. What is the cost of producing one more unit of a good?

7. marginal cost

8. What is a payment to the government on the production or sale of a good?

9. excise tax

10. What is a level of production in which the marginal production decreases with new investment?

11. diminishing marginal returns

12. What is the amount of goods available called?

13. supply

14. What is government intervention in a market that affects the production of a good?

15. regulation

16. What is the additional income from selling one more unit of a good?

17. marginal revenue

18. Name this U.S. President of the past.

19. Franklin D. Roosevelt

20. What is a measure of the way a quantity supplied reacts to a change in price?

21. elasticity of supply

22. What is a graph of the quantity supplied of a good at different prices?

23. supply curve

24. What is a chart that lists how much of a good a supplier will offer at different prices?

25. supply schedule

26. What is a graph of the quantity supplied of a good by all suppliers at different prices?

27. market supply curve

28. What is the tendency of suppliers to offer more of a good at a higher price?

29. law of supply

30. Name this U.S. President of the past.

31. Harry S Truman

32. What are fixed costs plus variable costs?

33. total cost

34. Name this U.S. President of the past.

35. Teddy Roosevelt

36. What is a chart that lists how much of a good all suppliers will offer at different prices?

37. market supply schedule

38. What is the amount a supplier is willing and able to supply at a certain price?

39. quantity supplied

40. What is a level at which the marginal production goes up with new investment?

41. increasing marginal returns

42. What is a factor that can change called?

43. variable

44. What is a cost that rises or falls depending on how much is produced?

45. variable cost

46. Name this U.S. President of the past.

47. Ulysses S. Grant

48. What is a government payment that supports a business or market?

49. subsidy

50. What is the change in output from hiring one additional unit of labor?

51. marginal product of labor