Unit 1: Markets are Efficient, Except . . . Intro to Microeconomics

Lesson 3b: Supply

Assignment: Readings

 

pp. 59-62, (19th, 53-56), "Supply"

Where Is All That Excess Oil Going?
[Why are they storing oil? What is happening to supply? Which determinant has caused the supply to change?]

Optional, but very useful

Lecture Outline

 

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Lesson 3b