EconExperiment - Supply Curve
| Discussion forum--- Please leave your valuable comments or questions here! | |||
| Concepts & Keywords Illustrated: | |||
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Production function; Production Cost; | ||
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Sales revenue; Profit maximization; | ||
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Supply schedule; Supply curve; | ||
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Quantity supplied | ||
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A class is divided into groups which are given some cost and price information. They have to decide how many they should produce and supply at different price levels by finding out the profit-maximazing outputs. | ||
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With different profit-maximizing outputs at different price levels, each group can plot its own individual supply curve. | ||
Teaching Materials:
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4) Powerpoint Presentation of the Lesson (English) |
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Past User(s):
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Related
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