5-1 Vocabulary jw
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| The desire and ability to produce and sell a product. | supply
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| States that when prices decrease, quantity supplied decreases, and when prices increase, quantity supplied increases. | Law of Supply
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| Lists how much of a good or service an individual producer is willing and able to offer for sale at each price. | Supply Schedule
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| List how much of a good or service all producers in a market are willing and able to offer for sale at each price. | market supply schedule
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| Shows the data from a supply schedule in graph form. | Supply Curve
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| Shows the data from a market supply schedule in graph form. | Market Supply Curve
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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