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Why Does Supply Shift Left and Right?

  Рет қаралды 2,509

Econbusters

Econbusters

Күн бұрын

Here is the real answer for why supply (and demand) curves shift left and right and not up and down. Spoiler alert, it's because we put the dependent variable on the horizontal access, and the location of the dependent variables determines your orientation of a curve. This video is made for 1st year college students or AP/IB Economics students. It focuses on foundational economic concepts.

Пікірлер: 3
@catherinecocuo483
@catherinecocuo483 Жыл бұрын
Your ❤video deserve way more likes !
@TheArgosReed
@TheArgosReed Жыл бұрын
There are no curves, only straight lines. Very misleading.
@fugzyx.kev4565
@fugzyx.kev4565 10 ай бұрын
they are frequently found to have curvature. But straight lines are easier to work with, so we continue with them for the moment.
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