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Supply and the law of supply

Supply and the law of supply

Supply is the relationship between the price of a good or service and the quantities that producers are willing and able to sell over a given period, other things being equal. Quantity supplied is the amount producers are willing and able to sell at a particular price. Producers must have both the willingness and the ability to supply.

1.3.3 The determinants of the supply of goods and services Lesson

  1. A Level
  2. /Economics
  3. /1.3.3 The determinants of the supply of goods and services

Step-by-step lessons on AQA A Level Economics 1.3.3 The determinants of the supply of goods and services. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.

Lessons