BLACK AND WHITE SLIDES

9/16/99


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Table of Contents

DEFINITION

THE LAW OF SUPPLY

SUPPLY CURVE

THINGS STAYING UNCHANGED

A CHANGE IN INPUT PRICES

THINGS STAYING UNCHANGED

EFFECT OF IMPROVED TECHNOLOGY

THINGS STAYING UNCHANGED

THINGS STAYING UNCHANGED

THINGS STAYING UNCHANGED

SUPPLY vs. QUANTITY SUPPLIED

A CHANGE IN QUANTITY SUPPLIED

SUPPLY vs. QUANTITY SUPPLIED

CHANGE IN SUPPLY

SUPPLY AND DEMAND

DEFINITION

EXCESS SUPPLY

DEFINITION

EXCESS DEMAND

MARKET EQUILIBRIUM

MARKET EQUILIBRIUM

Author: T. Kinal