Spec 7136
Revise AQA A Level Economics 1.3.3 The determinants of the supply of goods and services with the question bank, lessons, revision guides, and flashcards.
A supply curve shows the relationship between price and quantity supplied. • Understand that higher prices imply higher profits and that this will provide the incentive to expand production. • The causes of shifts in the supply curve. • Students should also know that, under perfect competition, the supply curve is the marginal cost curve.
