Why Does Supply Shift Left and Right?
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- Опубликовано: 27 авг 2024
- 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.
Your ❤video deserve way more likes !
There are no curves, only straight lines. Very misleading.
they are frequently found to have curvature. But straight lines are easier to work with, so we continue with them for the moment.