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Supply Review Worksheet
Supply Review Worksheet
Supply:
1. What is the Law of Supply?1
2. Give an example of how you have observed the law of supply at work.
3. What is the relationship between the law of supply and the supply curve?
Change in Supply:
1. What kind of changes in underlying conditions can cause the supply curve to
shift?
2. Give some examples and explain the direction in which the curve shifts.