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Intro to supply and the three key assumptions of firms
📝 My Notes
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Intro to supply and the three key assumptions of firms
2:23
About this lesson
- What it means have supply
- Definition of Supply
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Video 1 of 8
Intro to supply and the three key assumptions of firms
2 min
• Selected
The law of supply and why the supply curve slopes upward
6 min
Factors that cause the supply curve to shift left or right
10 min
What it means when a firm supplies a good or service
1 min
Why supply curves show a positive price-quantity relationship
3 min
Graphing a supply curve for chocolate from a data table
4 min
Identifying supply curve shifters: wages, price changes, and technology
4 min
How a tornado affects supply: leftward shift of the supply curve
5 min