Economics - 0455 CIE

Supply

Akopọ

Behind every price tag sits a decision by firms about how much to make. Supply is the seller's side of the market: the quantities producers are willing and able to offer at each price. Get supply right and you can explain why petrol stations pump more when prices rise, why a good harvest lowers food prices, and why a new tax pushes prices up.

In this lesson you will define supply, build the market supply curve from individual firms, and draw it correctly. You will then master the single most tested distinction in the topic: a movement along the curve (an extension or contraction caused by price) versus a shift of the curve (an increase or decrease caused by everything else). By the end you will diagnose any supply change at a glance.

Awọn Afojusun

  1. definition of supply
  2. link between individual supply and market supply
  3. drawing and interpretation of the supply diagram
  4. causes of extensions and contractions in supply
  5. diagrams that illustrate movements along a supply curve
  6. causes of decreases and increases in supply
  7. diagrams that illustrate shifts of a supply curve

Akọ̀wé Ẹ̀kọ́

Supply is one half of every market. Combined with demand it determines price and quantity, so it underpins price determination, elasticity and almost all of microeconomics. The classic exam trap, mixing up movements along the curve with shifts of it, is worth real marks, and this lesson fixes it for good.

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

Ìdánwò Ẹ̀kọ́

Oriire fun ipari ẹkọ lori Supply. Ni bayi ti o ti ṣawari naa awọn imọran bọtini ati awọn imọran, o to akoko lati fi imọ rẹ si idanwo. Ẹka yii nfunni ni ọpọlọpọ awọn adaṣe awọn ibeere ti a ṣe lati fun oye rẹ lokun ati ṣe iranlọwọ fun ọ lati ṣe iwọn oye ohun elo naa.

Iwọ yoo pade adalu awọn iru ibeere, pẹlu awọn ibeere olumulo pupọ, awọn ibeere idahun kukuru, ati awọn ibeere iwe kikọ. Gbogbo ibeere kọọkan ni a ṣe pẹlu iṣaro lati ṣe ayẹwo awọn ẹya oriṣiriṣi ti imọ rẹ ati awọn ogbon ironu pataki.

Lo ise abala yii gege bi anfaani lati mu oye re lori koko-ọrọ naa lagbara ati lati ṣe idanimọ eyikeyi agbegbe ti o le nilo afikun ikẹkọ. Maṣe jẹ ki awọn italaya eyikeyi ti o ba pade da ọ lójú; dipo, wo wọn gẹgẹ bi awọn anfaani fun idagbasoke ati ilọsiwaju.

  1. According to the law of supply, an increase in a good's price will normally cause: A. a decrease in supply B. an extension in supply C. a leftward shift of the curve D. a contraction in supply Answer: B
  2. Which of the following causes a shift of the supply curve, not a movement along it? A. a rise in the good's own price B. a fall in the good's own price C. a fall in the cost of raw materials D. nothing changes Answer: C
  3. A government subsidy paid to producers will: A. shift the supply curve to the left B. shift the supply curve to the right C. cause a contraction in supply D. cause an extension in supply Answer: B
  4. Market supply is found by: A. subtracting demand from supply B. adding up individual firms' supply at each price C. taking the lowest firm's supply D. multiplying price by quantity Answer: B
  5. A new tax on producers of a good will most likely: A. increase supply B. decrease supply C. cause an extension in supply D. leave supply unchanged Answer: B

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

O wa lori ohun elo Green Bridge

Gba ohun elo Green Bridge CBT sori foonu tabi kọmputa rẹ lati ri awọn akọsilẹ ẹkọ ni kikun, awọn ibeere adaṣe, ati diẹ sii.

Awọn akọsilẹ ẹkọ ni kikun pẹlu awọn aworan apejuwe
Oluranlọwọ ẹkọ ti AI ṣe agbara rẹ
Kọ ẹkọ laisi intanẹẹti, nigbakugba, nibikibi
O wa lori Android, Windows, macOS, ati Linux

Ṣe Adaṣe Awọn Ibeere Idanwo Adaṣe

Ṣe o fẹ ṣe adaṣe awọn ibeere idanwo adaṣe nipa Supply? Ṣe igbasilẹ ohun elo Green Bridge CBT lati wọle si awọn ibeere idanwo adaṣe ati awọn ayẹwo adaṣe kikun fun koko-ọrọ yii.

Ṣe igbasilẹ ohun elo naa lori Google Playstore

Gbogbo ohun ti o nilo lati ṣe dara julọ ninu JAMB, WAEC ati NECO.

Green Bridge CBT Mobile App
Asiko ẹkọ AI ti ara ẹni Chat Assistant
Ẹgbẹẹgbẹrun Awọn Ibeere Atijọ JAMB, WAEC & NECO
Fiwọn 1200 Awọn akọsilẹ Ẹkọ ju.
Atilẹyin Aisinipo - Kọ ẹkọ Nigbakugba, Nibi gbogbo
Tẹ̀dí Green Bridge
Àkójọpọ̀ Ìtàn Lítíréṣọ̀ & Ìbéèrè Tó Lè Dáyéé ṣẹ́lẹ̀
Tẹle iṣẹ ṣiṣe rẹ ati ilọsiwaju rẹ.
Àlàyé tí ó jinlẹ̀ fún ìmòye tó jinlẹ̀.