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Chapter 5: Understanding Supply 5-1 Summary: Fill in the missing words. chapter 4 section 1 understanding demand; chapter 4 section 2 shifts of the demand curve; chapter 4 section 3 elasticity of demand; chapter 5 economics (finished- test on 2/26/14) chapter 5 section 2 costs of production; epme e5-e6; chapter 5 section 1 understanding supply; chapter 4, section 3; chapter 4 assessment; chapter 15: using fiscal policy Start studying Chapter 5, Section 1: Understanding Supply. To get started finding Chapter 5 Section 1 Guided Reading And Review Understanding Supply Answers , you are right to find our website which has a comprehensive collection of manuals listed. Economics - Supply Chapter 5 Section 1 Flashcards | Quizlet 6/22: Chapter 5: Supply Section 1: Understanding Supply I. If prices are low, they will offer smaller quantities for sale. 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