Related Capstone Lessons

Unit 2: Lesson 9 - A Picture Is Worth a Thousand Words: Supply

Students analyze the relationship between changing prices and changes in producer behavior. They create a supply schedule graph to represent this relationship. They observe changes in determinants of supply and note the effect of those changes on the supply schedule and the corresponding price-quality relationship.

Concepts:

  • Price
  • Supply
  • Determinants of Supply
Standards:
  • Standard #4: Incentives
  • Standard #8: Role of Prices

Close Window »

 

Copyright © 2024 Council for Economic Education. All rights reserved.