Free Enterprise Chapter Four

DEPRECIATION
EFFICIENCY
ELASTICSUPPLY
FIXEDCOST
INELASTICSUPPLY
MARGINALCOSTS
MARGINALPRODUCT
MARGINALPRODUCT
OVERHEAD
PROFIT
SUBSIDY
SUPPLY
SUPPLYSCHEDULE
TAX
TOTALCOSTS
TOTALPRODUCT
VARIABLECOSTS

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Answer Key for Free Enterprise Chapter Four

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Word	X	Y	Direction
DEPRECIATION	13	4	w
EFFICIENCY	16	1	w
ELASTICSUPPLY	3	7	s
FIXEDCOST	15	1	sw
INELASTICSUPPLY	3	5	s
MARGINALCOSTS	18	4	s
MARGINALPRODUCT	18	4	sw
MARGINALPRODUCT	18	4	sw
OVERHEAD	8	14	e
PROFIT	3	16	ne
SUBSIDY	17	14	nw
SUPPLY	3	10	ne
SUPPLYSCHEDULE	3	14	ne
TAX	4	18	se
TOTALCOSTS	17	15	w
TOTALPRODUCT	4	18	e
VARIABLECOSTS	17	5	s