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Java Games: Flashcards, matching, concentration, and word search. |
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| A | B |
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| In free enterprise, the key factor affecting qty supplied | price |
| The relationship between price and qty supplied is this | direct (positive) |
| If the price of resources falls, supply does this | increases |
| If taxes increase, whch way will the supply curve shift? | to the left |
| If taxes decrease, which way will the supply curve shift? | to the right |
| A _____ increases supply by lowering a company's production costs | subsidy |
| Higher _____ reduce supply by increasing a company's production costs | taxes |
| Ususally, new technology makes production more _______ and, therefire, less expensive | efficient |
| A lack of competition tends to ______ supply | decrease |
| The Econ Classroom | C155 |
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Oh Captain, My Captain |
Centry High School: Home of the Panthers |
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