Supply Curve Shifts: Determinants of Supply Explained (Microeconomics)
Автор: Econ, Stats & Math Unlocked
Загружено: 2025-11-04
Просмотров: 597
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Master Supply Curve Shifts! This comprehensive microeconomics lesson explains the key difference between Movement Along the Supply Curve and a Shift of the Supply Curve. We then dive deep into the main Determinants of Supply that cause the curve to shift right (increase) or left (decrease).
Perfect for introductory economics students!
TO WATCH LATER:
Law of Demand and Demand Curve • Law of Demand and Demand Curve
Demand : What shifts the Demand • Demand Curve Shifts: Determinants of Deman...
Law of Supply and Supplu Curve • Law of Supply and Supply Curve
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0:00 - Intro
0:24 - Movement Along vs. Shift of the Supply Curve (The Price Rule)
1:23 - Factors that Shifts the Supply
1:34 - When Supply Shifts Right (Increase) and Left (Decrease)
2:34 - Input Prices (Tomato Example)
3:29 - Technological Advancement (Corn Example)
3:57 - Natural Disaster or Bad Weather
4:20 - Expectations (Coffee Price Example)
4:51 - Price of Related Goods in Production (Pizza vs. Calzone)
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