Supply

Understand the relationship between prices and quantity supplied.

Supply Shifters

Price of Apples5.5

Slide right to increase the price of apples. Slide left to decrease the price of apples.

The Supply Curve for Apples

Supply (S)
Quantity (Q)Price (P)SQs = 4.80P = $5.50

Baseline Supply: The price of apples in this market is $5.50. At this price the quantity of apples supplied is 4.2.