Economics_Ch05

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Unformatted text preview: ncrea SAT or ere to spend 2 ho college. If you w od CT, it would admitted to a go for the SAT or A weeks studying for the test. week for 50 ying 100 hours u would be stud an average mean that yo e you put in to methird of the tim This is only onelass time plus ho (if we count in-c se high school cour ) work time. _. k studying for __ _ hours per wee I will devote __ , real estate), cks, bonds, gold st in things (sto ur aca❑ 3. We can inve invest in ourselves. Investing in yo d up pays can en and we can high school year self during your demic uy YOU! in the future. B ing a high return yself. investment in m ill ______ as an __, I w Beginning ____ ✔ ✔ ✔ Chapter 5 Supply 125 05 (110-127) EMC Chap 05 11/17/05 4:52 PM Page 126 Economics Vocabulary Chapter Summary Be sure you know and remember the following key points from the chapter sections. Section 1 The supply of a good or service requires both a supplier’s willingness and ability to produce and sell. The law of supply says that price and quantity supplied move in the same direction—as price increases, so does quantity supplie...
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This document was uploaded on 01/16/2014.

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