Chapter 2 slide 8 supply figure 2 2 a supply schedule

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Chapter 2: Slide 8 SUPPLY FIGURE 2-2 A Supply Schedule for Lobsters in Shediac, N.B., July 20, 2020 The upward slope of the supply schedule reflects the fact that costs tend to rise when producers expand production in the short run. Chapter 2: Slide 9 Determinants of Supply FIGURE 2-9 Factors That Shift Supply Schedules Technology, input prices, the number of firms, expectations about future prices, and the weather all affect the position of the supply schedule for a given product.
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