Title
(2) Supply: Which Way Does it Matter?
Topic Category
Supply
Publication Date
2011
Keywords
Supply, Supply Function, Supply Drivers, Sign Expectations
Abstract
This discusses the standard list of factors affecting or driving supply and the "sign expectations" or direction of the relations. It discusses how and when supply curves shift.
Recommended Citation
Crane, Steven E., "(2) Supply: Which Way Does it Matter?" (2011). Principles of Microeconomics. Paper 10.
http://epublications.marquette.edu/microecon_learning/10
Run Time
10:15
Primary Discipline
Microeconomics
Skills Delivered
Ability to explain how an increase/decrease in a supply driver causes supply to either increase or decrease. Ability to explain the logic behind these linkages.
Rigor Level
2000
Prerequisites
Previous Supply Video
COinS