Chapter 5: Supply

This learning module will look at the law of supply and how it influences business decisions regarding output, labor, pricing, etc.

Subject and Grade Level
Economics
  • 12
Objectives
  • Understand the Law of Supply
  • Differentiate between a change in Supply & a change in Q supplied
  • Identify factors that shift the supply curve
  • Understand elasticity of supply
  • Recognize the three stages of production
  • Identify various costs of doing business
  • Recognize profit-maximizing quantity of output

Learning Path properties

Rating

Must have at least 5 ratings. Rate now?

Last updated

Aug 24, 2018

Questions / Steps

11 / 13

Duration

35:00 min

Views

313

Copies

4

Theme

Not defined

Creator

Author
Alex

Share Learning Path preview

0 Comments

(0 Replies)