Supply
AP Macroeconomics · Flashcards · Recall
AP MACROECONOMICS · FLASHCARDS
Card 1
of 39
0 got it
0 to review
Current
Got it
Still learning
Not seen
QUESTION
What is the equilibrium price?
QUESTION
What does a rightward shift in the supply curve indicate?
QUESTION
What causes a shift in the supply curve?
Tap to flip before you grade
ANSWER
Changes in production costs, technology, or number of sellers. Non-price factors that affect producers' willingness to supply.
Swipe → got it · swipe ← still learning
Got it
Still learning
Flip Card
Previous card
Next card