The law of supply
Why does supply slope upward?
The supply curve
The supply curve slopes upward: higher price → higher quantity supplied
Individual vs. market supply
Movement along vs. shift of supply
Shift right = increase in supply; Shift left = decrease in supply
Determinants of supply (supply shifters)
Input prices
Technology
Taxes and subsidies
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Production alternatives
The supply schedule
Supply function (linear)
Inverse supply function
The supply curve as marginal cost
Comparing demand and supply
AP exam tips for 1.5
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Common mistakes
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