Chapter 5: Supply
History Department Teachers
Chapter 5 Part II: Supplierrr
Math
Chapter 8
100
The goal of nearly all businesses.
What is a profit?
100
First year teacher, wears purple by day and red by night.
Who is Mr. Thomas?
100
Rent on a building is an example of this type of cost.
What is fixed?
100
2 X 2 + 6
What is 10?
100
The most common form of business organization in the US.
What is sole proprietorship?
200
Having one worker focus on a particular aspect of production.
What is specialization?
200
She represents the ladies in the History Department and is married to a prominent coach.
Who is Mrs. Poore?
200
One more or extra, in economics terms.
What is marginal?
200
2 X 3 X 4 X 5
What is 120?
200
Minimum number of people needed to start a partnership.
What is two?
300
Shipping is an example of this type of cost.
What is variable?
300
He loves the Steelers, and you might have been disciplined by his wife.
Who is Mr. Jarvis?
300
The sum of all fixed and variable costs.
What is total cost?
300
The square root of 64.
What is 8?
300
An institution that acts like a business organization, but its purpose is usually to benefit society, not to make a profit.
What is a non-profit organization?
400
The result of quantity supplied being greater than quantity demanded.
What is a surplus?
400
He loves his music and ...., well maybe thats all he loves. Shows a resemblance to the Incredible Hulk.
Who is Mr. Neel?
400
The result of quantity demanded being greater than quantity supplied?
What is a shortage?
400
4 X (7 X 2 + 1) / 6 + 4
What is 6?
400
KFC is an example of one.
What is a franchise?
500
The two things required to supply something.
What are the desire and ability?
500
He loves all things Chicago, and is quite the artist.
Who is Mr. Gagnon?
500
The price of the resources use to make products.
What is input costs?
500
1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10
What is 55?
500
A business owned by individuals, called shareholders or stockholders.
What is a corporation?
M
e
n
u