The Market Economy (Part II)

Match it! Select the correct answer from the pull down...Good luck!

Any amounts priced above the equilibrium are called

Marginal cost measures the disadvantages of

An example of a fixed cost would be

If a business has a sale, the prices would fall into which category?

The variable costs of a business

The supply curve shows that the quantity produced of a good or service

At the equilibrium price, supply is

A company that controls all of a market