I. The Supply Curve A. The Supply Schedule and Supply Curve
B. Understanding Shifts of the Supply Curve
1. Changes in input prices
2. Changes in the price of related goods or services
3. Changes in technology
4. Changes in expectations
5. Changes in the number of producers
II. Supply, Demand, and Equilibrium
A. Finding the Equilibrium Price and Quantity
B. Why Does the Market Price Fall if it is Above the
Equilibrium Price?
C. Why Does the Market Price Rise if it is Below the Equilibrium Price?