APMic Unit 2 Lesson 2 - Supply and Supply Determinants (Module 6) by jclerch https://padlet.com/jclerch/cjflstc607fm Supply and Demand en-us 2016-10-03 22:54:34 UTC 2026-01-22 23:26:47 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/135439946/2000575c0e9f3793e815726260092be9/IMG_12291_1mb.png Quizlet jclerch https://padlet.com/jclerch/cjflstc607fm/wish/163392740 2017-03-29 12:29:04 UTC https://padlet.com/jclerch/cjflstc607fm/wish/163392740 jclerch https://padlet.com/jclerch/cjflstc607fm/wish/180152772 2017-08-04 22:10:48 UTC https://padlet.com/jclerch/cjflstc607fm/wish/180152772 jclerch https://padlet.com/jclerch/cjflstc607fm/wish/184202720 2017-09-01 13:53:48 UTC https://padlet.com/jclerch/cjflstc607fm/wish/184202720 Questions jclerch https://padlet.com/jclerch/cjflstc607fm/wish/245874549
  • What is supply? 
  • Why is supply upward sloping? 
  • What is the difference between a change in quantity supplied and a change in supply? 
  • What are the non-price determinants of supply?
  • How would the supply curve for mechanical pencils be affected by an increase in their price? 
  • You make and sell hats. The price of material used to make the hats increases. How will this affect your supply of hats?

    • ]]>     2018-03-25 20:02:28 UTC https://padlet.com/jclerch/cjflstc607fm/wish/245874549     jclerch https://padlet.com/jclerch/cjflstc607fm/wish/277182503 2018-09-02 22:35:13 UTC https://padlet.com/jclerch/cjflstc607fm/wish/277182503 jclerch https://padlet.com/jclerch/cjflstc607fm/wish/277182858 2018-09-02 22:41:26 UTC https://padlet.com/jclerch/cjflstc607fm/wish/277182858 Essential Knowledge jclerch https://padlet.com/jclerch/cjflstc607fm/wish/372200692 A change in own-price causes a change in quantity supplied in the same direction and a movement along a supply curve.

    The market supply curve (schedule) is derived from the summation of individual supply curves (schedules). The market supply curve is upward-sloping.

    Changes in the determinants of supply can cause the supply curve to shift.
    ]]>     2019-07-24 22:08:09 UTC https://padlet.com/jclerch/cjflstc607fm/wish/372200692     Enduring Understanding jclerch https://padlet.com/jclerch/cjflstc607fm/wish/372200720 Individuals and firms respond to incentives and face constraints.]]> 2019-07-24 22:08:42 UTC https://padlet.com/jclerch/cjflstc607fm/wish/372200720 Learning Objectives jclerch https://padlet.com/jclerch/cjflstc607fm/wish/372200729 Define (using graphs as appropriate) the law of supply.

    Explain (using graphs as appropriate) the relationship between price and quantity supplied.

    Explain (using graphs as appropriate) producers’ (sellers’) responses to changes in incentives and technology.
    ]]>     2019-07-24 22:08:56 UTC https://padlet.com/jclerch/cjflstc607fm/wish/372200729     jclerch https://padlet.com/jclerch/cjflstc607fm/wish/372418952 2019-07-27 00:20:49 UTC https://padlet.com/jclerch/cjflstc607fm/wish/372418952 jclerch https://padlet.com/jclerch/cjflstc607fm/wish/693483917 2020-08-23 18:43:57 UTC https://padlet.com/jclerch/cjflstc607fm/wish/693483917 jclerch https://padlet.com/jclerch/cjflstc607fm/wish/693496647 2020-08-23 19:08:27 UTC https://padlet.com/jclerch/cjflstc607fm/wish/693496647 jclerch https://padlet.com/jclerch/cjflstc607fm/wish/693542166 2020-08-23 20:33:10 UTC https://padlet.com/jclerch/cjflstc607fm/wish/693542166