Law of Supply
Use slides #27-35 to take notes over the law of supply. View the short video clips after taking notes to reinforce the concept.
1. Define the law of supply.
2. Draw a supply curve and a supply schedule.
3. Explain the difference between a movement along the supply curve and a shift of the supply curve.
4. Provide examples of determinants that would shift the supply curve either to the left or to the right.
Source: You Tube
Source: You Tube
