Deconstructing Supply–What Makes a Supply Curve?

Overview:

In this lesson, we will look in depth at the supply curve. In particular, students will look at the role of marginal cost in creating a demand curve, and the inputs that create a marginal cost curve. Students will use the article “Career Insider: Fashion Buyers Play by the Numbers” to think about the supply curve for a fashion designer, or other clothing business.

NBEA Standard(s):
  • Economics, I. Allocation of Resources
  • Economics, IV. Markets and Prices

Lesson Plan Details:

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