111 B. Reviewing key Terms Read the statements below. In the space provided, write Tif the statement is true or Fif it is false. 7. Price and quantity supplied are variables on a supply schedule. 8. A supply curve shows price and quantity in a table. 9. Elasticity of supply states that the output of a good increases as the price of the good increases. 10. To create a market supply schedule, an economist needs to know the total output of all suppliers in a given market.​

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication