90985 Producer Choices Through Supply - Home Use
90985 Producer Choices Through Supply - Home Use
LearnWell Digital
This version of the resource is for home use. Students work independently through the resource. If you are a teacher, you should purchase the school use version.
Expired NCEA Achievement Standards
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What you'll learn
This course covers the things you'll need to know and be able to do for Achievement Standard, 90985 (Economics 1.3) Demonstrate understanding of producer choices using supply.
The information in this course also supports achievement standard 90943.
In it you'll find answers to questions like:
- What is the concept of the supply model?
- How do we construct a supply schedule for an individual firm from given data?
- How do we draw a supply curve for an individual firm using given data?
- How do we show a movement along a supply curve; i.e. a change in the quantity supplied?
- How do we show a shift of a supply curve; i.e. a change in supply?
- What are internal factors that cause a movement or shift of the supply curve?
- What are external factors that cause a movement or shift of the supply curve?
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