More on Supply

Site: Saylor Academy
Course: ECON102: Principles of Macroeconomics
Book: More on Supply
Printed by: Guest user
Date: Monday, September 16, 2024, 3:04 PM

Description

Watch these videos to learn about supply, the Law of Supply, and the variables that shift the supply curve. Like our discussion on the difference between demand and quantity demanded, we must distinguish between supply and quantity supplied. As you will see, a change in quantity supplied causes a movement along the supply curve, whereas a change in supply is a shift of the entire curve.

Law of Supply: Supply, Demand, and Market Equilibrium

 

 


Source: Khan Academy, https://www.youtube.com/watch?v=3xCzhdVtdMI
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