Supply Curve

… a core concept in Economic Analysis

Click for MRU video

Click for MRU video

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:

  1. 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.