Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
ECON1
WWW.AQUINASECONOMICSAS.CO.UK
@AQUINASECONOMIC
The Supply Curve
Answer all the questions below
1. Explain what is mea...
Upcoming SlideShare
Loading in …5
×

The supply curve

758 views

Published on

AQA, Aquinas, Economics, ECON1, Markets, Market Failure

Published in: Education
  • Be the first to comment

  • Be the first to like this

The supply curve

  1. 1. ECON1 WWW.AQUINASECONOMICSAS.CO.UK @AQUINASECONOMIC The Supply Curve Answer all the questions below 1. Explain what is meant by Supply 2. Draw a supply curve using the following information Price of Llamas (£) Supply of Llamas 100 1 200 2 300 3 400 4 500 5 3. On the graph show what would happen if the quantity a Llama merchant was willing to supply increases at each level by 3 Llamas 4. Ensure all supply curve are labelled appropriately 5. What other goods are likely to affect the supply for car tyres 6. List the factors which can affect the supply of a product 7. Explain the term producer surplus

×