drawing a supply function

Understanding the Law of Supply00:00:01

An introduction to supply functions, explaining that a positive relationship between price and quantity supplied defines the law of supply.

Graphing Commodity A00:01:44

Demonstration of constructing a coordinate table for a supply function starting at the origin (0,0) and plotting a second point (20,60).

Graphing Commodity B00:03:54

Explanation of how to graph a supply function with a positive y-intercept, using the table to plot points at (0,10) and (20,30).

Graphing Commodity C00:05:40

Addressing negative intercepts in economic models by solving for the price where quantity equals zero, resulting in a price-axis intercept at (5,0) and a secondary point at (20,30).