TH350 Shift Kit

YOUR LINK HERE:

http://youtube.com/watch?v=nKvrbOq1OfI

In this video, we explore the relationship between price and quantity supplied. Why does the supply curve slope upward? The supply curve shows how much of a good suppliers are willing to supply at different prices. For instance, oil suppliers in Alaska and Saudi Arabia face different costs of extraction, affecting the price at which they are willing to supply oil. • Supply and Demand 5-day HS unit plan: https://mru.io/u90 • Assessment questions: https://mru.io/principles-10014 • EconInbox, a free weekly email of class-ready news articles, videos, and more: https://mru.io/engage-students-f9735 • More high school teacher resources: https://mru.io/high-school-a9c08 • More professor resources: https://mru.io/university-teaching-090e7 • **CONTINUE LEARNING** • Next video—The Equilibrium Price and Quantity: https://mru.io/equilibrium-price-9eea2 • Practice questions: https://mru.io/supply-curve-b5363 • Full Microeconomics course: https://mru.io/pw9 • 00:00 The Supply Curve • 00:38 Example - Supply Curve for Oil • 01:00 Expensive vs. Cheaper Sources of Oil • 01:30 Example - Supply Curve for Oil continued

#############################

New on site