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July 5, 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

productivity
subsidy
supply schedule
supply elastic
surplus
profit
price floor
government regulations
equilibrium price
supply

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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