March 1, 2015

Homework Help: Economics

Posted by Taylor on Thursday, May 14, 2009 at 9:06pm.

Could you please check these.

Directions: Match each statement with it's correct definition or item.

Here are the words

supply schedule
supply elastic
price floor
government regulations
equilibrium price

1. amount of a good or service offered for sale at all possible prices
Answer: productivity

2. money left over from the sale of a product or service after costs
Answer: profit

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