Economics SL
Economics SL
4
Chapters
96
Notes
Unit 1 - Intro to Econ & Core Concepts
Unit 1 - Intro to Econ & Core Concepts
Unit 2 - Microeconomics
Unit 2 - Microeconomics
Unit 3 - Macroeconomics
Unit 3 - Macroeconomics
Unit 4 - The Global Economy
Unit 4 - The Global Economy
IB Resources
Unit 2 - Microeconomics
Economics SL
Economics SL

Unit 2 - Microeconomics

Understanding Movements & Shifts In The Supply Curve

Word Count Emoji
631 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onΒ 5th Nov 2024

Table of content

Hello there, young economist! Today, we're diving into an exciting part of economics - movements and shifts in the supply curve. It's like a dance, but with curves on a graph instead of fancy footwork on a floor. Let's get into it!

Key concepts explained πŸ’‘

Supply curve a quick recap πŸ”„

Remember, a supply curve is like a secret code that tells us how many units of a good or service a supplier is willing and able to produce at different prices. The higher the price, the more they're willing to produce. Why? Because higher prices = more profit! πŸ’°

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IB Resources
Unit 2 - Microeconomics
Economics SL
Economics SL

Unit 2 - Microeconomics

Understanding Movements & Shifts In The Supply Curve

Word Count Emoji
631 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onΒ 5th Nov 2024

Table of content

Hello there, young economist! Today, we're diving into an exciting part of economics - movements and shifts in the supply curve. It's like a dance, but with curves on a graph instead of fancy footwork on a floor. Let's get into it!

Key concepts explained πŸ’‘

Supply curve a quick recap πŸ”„

Remember, a supply curve is like a secret code that tells us how many units of a good or service a supplier is willing and able to produce at different prices. The higher the price, the more they're willing to produce. Why? Because higher prices = more profit! πŸ’°

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Economics SL. Subscribe now and get closer to that 45 🌟

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