QUESTION IMAGE
Question
supply
across
- supply curve is _____ sloping.
- supply is relationship between price and
_____ during a given time period, other
factor remain constant.
- various things shift a supply curve right
or left. suppliers are willing to offer more or
less for sale at each and every price is change
in _____.
- who determine supply?
down
- more is supplied at a higher price than at
a lower price while factor remain unchanged
- relationship between price and quantity
supplied is _____.
- graphical representation of supply.
- the ceteris paribus assumption means
that all other relevant factors remain _____
- quantity supplied is the amount of a
good that seller are willing to _____.
- if tax is placed on sales of balloons, the
supply curve shift to the _____.
To solve the crossword, we analyze each clue:
Across
- Supply curve is \_\_\_\_\_ sloping
In economics, the supply curve is upward - sloping (as price rises, quantity supplied rises). The word “upward” fits (length: 6 letters? Wait, let's check the grid. Wait, maybe “upward” or maybe “positively”. Wait, the grid for 5 across: let's see the number of squares. If we assume the answer is “upward” (7 letters? Wait, maybe I miscalculate. Wait, the supply curve's slope: the standard term is “upward” or “positively”. But let's check other clues.
- Supply is relationship between price and \_\_\_\_\_ during a given time period, other factor remain constant
Supply is the relationship between price and quantity supplied? No, wait, “quantity” (the quantity of the good supplied). Wait, the clue says “relationship between price and \_\_\_\_\_”. The correct term is “quantity” (but let's check the grid length. If the space is, say, 8 letters? Wait, maybe “quantity” is too long. Wait, no: Supply is the relationship between the price of a good and the quantity supplied of that good, ceteris paribus. So the answer here is “quantity” (but let's check the grid. Alternatively, maybe “supplied” but no. Wait, maybe I made a mistake. Let's move to down clues.
- Various things shift a supply curve right or left. Suppliers are willing to offer more or less for sale at each and every price is change in \_\_\_\_\_
A shift in the supply curve (as opposed to a movement along) is a change in supply. So the answer is “supply” (6 letters? Let's check the grid. If the space is 6 letters, “supply” fits.
- Who determine supply?
Sellers (producers) determine supply. The answer is “sellers” (7 letters? Let's check the grid.
Down
- More is supplied at a higher price than at a lower price while factor remain unchanged
This is the law of supply. Wait, no, the clue is a description. Wait, the definition of “quantity supplied” change? No, the law of supply states that, ceteris paribus, quantity supplied rises with price. But the clue is a statement. Wait, the answer here: the term for this behavior is “quantity supplied” change? No, the answer is “supply” no. Wait, the clue is describing the law of supply, but the answer is a term. Wait, maybe “supply” no. Wait, the first down clue: “More is supplied at a higher price than at a lower price while factor remain unchanged” – this is the definition of the change in quantity supplied? No, the law of supply. But the answer here: let's think of a word. If the grid for 1 down has, say, 4 letters? No. Wait, maybe “supply” no. Wait, let's re - examine.
- Relationship between price and quantity supplied is \_\_\_\_\_
The relationship is “direct” (price and quantity supplied are directly related, as price up, quantity supplied up). Or “positive”. But “direct” (6 letters? Let's check the grid.
- Graphical representation of supply
The supply curve (5 letters? “curve” fits. The grid for 3 down: if it's 5 letters, “curve” is correct.
- The ceteris paribus assumption means that all other relevant factors remain \_\_\_\_\_
Ceteris paribus means “all other things equal” – so the factors remain constant (8 letters? “constant” fits.
- Quantity supplied is the amount of a good that seller are willing to \_\_\_\_\_
Sellers are willing to sell (4 letters? “sell” fits.
- If tax is placed on sales of balloons, the supply curve shift to the \_\_\_\_\_
A tax on sellers (like a sales tax) increases their costs, so the supply curve shifts to t…
For the clue "Graphical representation of supply" (Down 3), in economics, the supply of a good is graphically represented by a supply curve. So the term that fits this description and is a common economic term for the graphical depiction of supply is "curve".
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- curve (for Down 3)