'Change supply' presentation slideshows

Supply Notes

Supply Notes. AP Economics. Supply. Producers willingness and ability to sell a good/service Supply is not an amount but a behavior. The Law of Supply. The price of an item determines the quantity supplied

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Elasticity of Supply

Elasticity of Supply. Elasticity of supply. How responsive is supply to a change in price? Will supply change a lot when prices change or a little? Can you guess what it is called when supply changes greatly with price? When supply changes a little with price?. Elasticity of supply

275 views • 7 slides