Show:
Supply
The Law of Supply
Supply Curve/Profit Motive
Market Supply
Random Real Life Examples
100
This refers to the various quantities of a good or service that producers are willing to sell at the possible market prices.
What is supply?
100
As the price rises for a good, the quantity demanded goes what?
What is down
100
You can illustrate the Law of Supply with a what?
What is a graph
100
This is the total of all consumers' demands
What is Market Demand
100
If pepperoni was the thing, now a days, the demand is high, because this pizza is one dolla a slice. If the price is risen to fifteen dollas a slice, what will happen to the demand?
What is: The demand will switch to cheese pizza, or veggie pizza, or organic crappy pizza, because that meats expensive. (Will also except: The demand will go down)
200
Supply normally refers to the what of a single business or producer?
What is Outptut
200
The quantity supplied also varies according to what?
What is price
200
What graph shows the amount of a product that would be supplied at all possible prices in the market?
What is Supply Curve
200
This is the most significant influence on the quantity supplied of any product
What is price
200
Eugenie, has to feel out a graph about the supply curve, for economics. Where in the world would he put the prices?
What is the vertical Axis
300
Supply is the opposite of what?
What is Demand
300
The principle that suppliers will normally offer more for sale at higher prices and less at lower prices, is known as what?
What is the Law of Supply
300
The supply curve is drawn with prices on the vertical axis and what on the horizontal axis?
What is quantities
300
The total of supply schedules for each business, that sells the same good or service, is known as what?
What is Market Supply
300
Now Little Susie is also on the packet from the category "Random Real Life Examples for two hunded" except!!!! She already knows the answer Eugenie is looking for, what she wants to know is: What is the opposite of supply?
What is Demand
400
Buyers demand different what of a good, depending on the price sellers ask
What is quantities
400
The Law of Supply can be represented with what?
What is numbers
400
This is the money a business receives for its products or services over and above its costs
What is Profit
400
The market supply curve has the same shape as the individual what?
What is Supply Curve
400
Big Bertha made a Market Supply Curve, graph, thing... She started changing factors, and didn't realize by doing so, she had changed the what? as well.
What is the Supply
500
Supply normally refers to the output of a single business or what?
What is producer
500
A numerical chart that illustrates that law of supply is called a what?
What is Supply Schedule
500
The supply curve slopes what?
What is upward
500
Market Supply curves, are drawn assuming that all factors are what, and do not change
What is fixed
500
Coach Over-this presentation-ton was setting a supply schedule, for his economics class. What kind of chart was he making?
What is a numerical chart.