Market Mechanics: Supply and Demand · Supply & Demand
Supply and Production Costs
Investigating the relationship between price and quantity supplied from a producer perspective.
Key Questions
- 1What trade-offs does this policy create for a small business owner?
- 2How does technology change the incentive to produce?
- 3What incentives are driving this behavior in a competitive market?
Ontario Curriculum Expectations
ON: The Individual and the Economy - Grade 11ON: Market Interactions - Grade 11
Grade: Grade 11
Subject: Economics
Unit: Market Mechanics: Supply and Demand
Period: Supply & Demand
Suggested Methodologies
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