Use the following to answer questions : 
-(Table: Competitive Market for Good Z) Look at the table Competitive Market for Good Z. If the price of good Z is $15, there will be:
Definitions:
Means of Production
The resources—including land, labor, capital, and technology—used to produce goods and services in an economy.
Capital
Wealth in the form of money or assets, used in the production of more wealth.
Depression
An extended period of significant decline in economic activity across an economy, characterized by high unemployment, low consumer spending, and reduced industrial output.
Full Employment
A situation in an economy where all available labor resources are being used in the most economically efficient way, often characterized by the absence of cyclical unemployment.
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