Supply Curve
… a core concept in Economic Analysis
Concept description
The supply curve shows how much of a good suppliers are willing to supply at different prices.
MRU practice questions
See http://www.mruniversity.com/supply-curve-definition-example-practice-questions:
- Along a supply curve, if the price of oil falls, what will happen to the quantity of oil supplied?
-
Source
Alex Tabarrok, The Supply Curve, Marginal Revolution University, at http://www.mruniversity.com/courses/principles-economics-microeconomics/supply-curve-definition-example, accessed 19 April 2016.
Atlas topic and subject
Supply, Demand, and Equilibrium (core topic) in Economic Analysis.
Page created by: Ian Clark, last modified on 19 April 2016.
Image: Minute 0.21 of MRU Video, at http://www.mruniversity.com/courses/principles-economics-microeconomics/supply-curve-definition-example, accessed 19 April 2016.