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8
|
production level where the marginal product of labor increases as the number of workers increases
|
9
|
the cost of operating a facility such as a factory or a store
|
10
|
the cost of producing one more unit of a good
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11
|
a cost that rises or falls depending on the quantity produced
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12
|
the change in output from hiring one additional unit of labor
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13
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the additional income from selling one more unit of a good, may equal the price
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15
|
government intervention in a market that affects the production of a good
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16
|
a graph of the quantity supplied of a good at various prices of all suppliers of a good
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17
|
a measure of the way quantity supplied reacts to a change in price
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18
|
the amount of a good the producer is willing and able to supply at a specific price
|
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