Fill in the blanks using the number that corresponds to the corect word or phrase in the word bank 1. Raght 2. supply shiften 3. upward 4. left 5. supply curve 6. shift 7. positive 8. supply schedule 9. movement along 10. decrease 11. an increase 12. price Generally speaking, however, when there are many sellers of a good, an increase in price results in quantity supplied. A sa table that shows quantities supplied at different prices during a particular penod, all other thungs unchanged A is a graphical representation that shows the relationship between price and quantity supplied during a particular period, all other things unchanged The relationship between price and quantity supplied is generally and supply curves are generally sloping A change in price causes a the supply curve, such a movement is called a change in quantity supplied. A change a supply shufter will cause a in the supply curve. An increase in wages to coffee farmers leads to a in the quantity supplied, shifting the supply curve to the Over the past decade, new cellular phone companies emerged, this has resulted in a shift in the supply curve for cellular phone service to the A change in supply results from a change in a while a change in results in a change in quantity supplied and induces a movement along the supply curve
Fill in the blanks using the number that corresponds to the corect word or phrase in the word bank 1. Raght 2. supply shiften 3. upward 4. left 5. supply curve 6. shift 7. positive 8. supply schedule 9. movement along 10. decrease 11. an increase 12. price Generally speaking, however, when there are many sellers of a good, an increase in price results in quantity supplied. A sa table that shows quantities supplied at different prices during a particular penod, all other thungs unchanged A is a graphical representation that shows the relationship between price and quantity supplied during a particular period, all other things unchanged The relationship between price and quantity supplied is generally and supply curves are generally sloping A change in price causes a the supply curve, such a movement is called a change in quantity supplied. A change a supply shufter will cause a in the supply curve. An increase in wages to coffee farmers leads to a in the quantity supplied, shifting the supply curve to the Over the past decade, new cellular phone companies emerged, this has resulted in a shift in the supply curve for cellular phone service to the A change in supply results from a change in a while a change in results in a change in quantity supplied and induces a movement along the supply curve
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Fill in the blanks using the number that corresponds to the correct word or phrase in the word bank
1. Right
2. supply shifter
3. uрwаrd
4. left
5. supply curve
6. shift
7. positive
8. supply schedule
9. movement along
10. decrease
11. an increase
12. price
Generally speaking, however, when there are many sellers of a good, an increase in price results in
quantity supplied. A
Is a table that
shows quantities supplied at different prices during a particular period, all other things unchanged. A
price and quantity supplied during a particular period, all other things unchanged. The relationship between price and quantity supplied is generally
is a graphical representation that shows the relationship between
and supply curves are
generally
sloping. A change in price causes a
the supply curve; such a movement is called a change in quantity supplied. A change a
supply shifter will cause a
in the supply curve. An increase in wages to coffee farmers leads to a
in the quantity supplied, shifting the
Over the past decade, new cellular phone companies emerged, this has resulted in a shift in the supply curve for cellular phone service to the
while a change in
supply curve to the
A change in supply results from a change in a
results in a change in quantity supplied
and induces a movement along the supply curve.
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