Wednesday Oct 3

Review Concepts

• Demand Pop Quiz

New  Concepts:

• Definition of Supply
• Law of Supply with Diagrammatic Analysis
• Distinction between a movement along a supply curve and a shift of the supply curve

Resources:
Power Point - Supply

Khan Academy Video - Supply

Handouts:
Understanding Individual Supply

Understanding Individual Supply - Answer Key

Homework:

• Read Chapter 2 - Supply  (Pages 27-30)