Principles of Economics: Microeconomics - What Shifts the Supply Curve?

This video explores factors that shift the supply curve. How do technological innovations, input prices, taxes and subsidies, and other factors affect a firm’s costs and the price at which the firm is willing to sell a good? By answering these questions we have a better idea of how the supply curve will shift. This video walks you through examples and scenarios that illustrate this concept. ***TEACHER RESOURCES*** Supply and Demand 5-day HS unit plan: https://mru.io/7t0 Assessment questions: https://mru.io/principles-8a8e5 Econ in the News, a free weekly email of class-ready news articles, videos, and more: https://mru.org/news More high school teacher resources: https://mru.io/high-school-06240 More professor resources: https://mru.io/university-teaching-1aaee ***CONTINUE LEARNING*** Next video—Exploring Equilibrium: https://mru.org/courses/principles-economics-microeconomics/equilibrium-economics-how-supply-and-demand-graph-dot Interactive practice questions: https://mru.io/supply-curve-4fb77 Full Microeconomics course: https://mru.io/644 00:00 Introduction 00:20 Supply Shifters 01:09 Technological Innovation 02:53 Input Prices 04:30 Taxes and Subsidies 06:34 Expectations 07:49 Entry or Exit of Producers 08:53 Changes in Opportunity Cost 11:09 Supply Shifters Recap