Business Entrepreneurs

DEMAND
EQUILIBRIUMPRICE
EQUILIBRIUMQUANITY
FIXEDCOSTS
FUNCTIONSOFBUSINESS
MARGINALBENEFIT
MARGINALCOST
MONOPOLY
OPPORTUNITYCOST
PRODUCTIVITY
PUBLICGOOD
SUPPLY
VARIABLECOSTS

Chapter 3

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Answer Key for Business Entrepreneurs

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Word	X	Y	Direction
DEMAND	20	16	nw
EQUILIBRIUMPRICE	4	4	s
EQUILIBRIUMQUANITY	19	1	w
FIXEDCOSTS	20	20	n
FUNCTIONSOFBUSINESS	11	11	nw
MARGINALBENEFIT	9	1	s
MARGINALCOST	5	9	s
MONOPOLY	6	15	n
OPPORTUNITYCOST	1	19	n
PRODUCTIVITY	3	6	s
PUBLICGOOD	11	5	e
SUPPLY	12	12	ne
VARIABLECOSTS	9	2	e