| A | B |
|---|
| variable | a factor that can change |
| quantity supplied | how much a producer will supply at a specific price |
| market supply schedule | total quantity that all firms will supply at different prices |
| elasticity of supply | a measure of how suppliers react to a change in price |
| supply curve | always rises from left to right |
| law of supply | the higher the price, the more produced |
| supply | the amount of goods available |
| supply schedule | a chart that lists how much of a good a supplier will offer at various prices |
| market supply curve | a graph of the quantity supplied of a good by all suppliers at various prices |
