More on Supply
Watch these two videos to learn about Supply, the Law of Supply, and the variables that shift the Supply curve. Note that, similarly to the discussion of the difference between Demand and quantity demanded, here we have to 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 Supply is a shift of the entire curve.
Sources:
Mary J. McGlasson, https://youtu.be/KccMcf_xOQU?list=PLF2A3693D8481F442
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
Khan Academy, https://youtu.be/3xCzhdVtdMI
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.
Last modified: Friday, May 21, 2021, 3:48 PM