Jillian Pius

Chapter 5 Vocabulary (P. 45)

  1. Supply
  2. Law of Supply
  3. Supply Schedule
  4. Supply Curve
  5. Change in Quantity Supplied
  6. Change in Supply
  7. Fixed Cost
  8. Variable Cost
  9. Marginal Cost
  10. Marginal Revenue
  11. Production Function
  12. Profit-Maximizing Quantity of Output

Leave a Reply

Your email address will not be published. Required fields are marked *