Factors affecting supply | Supply, demand, and market equilibrium | Microeconomics | Khan Academy

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How the price of inputs, price of related goods, number of suppliers technology, and expected future prices affects the supply curve
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Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
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[@rithambhara1689]

I am a newbie to economics and i bave been trying to understand this since morning and even getting frustrated over it. so glad to see this video coming to my rescue. really made it easy for me to understand this through example. thank you.

[@theblabla138]

watching at 2024? cause khan academy on top

[@modupeogunmiloro5371]

Khan academy is soooooooo useful !

[@rakisathark788]

1:30 "I would shit" lmao

[@ralphlaurencetabuyo6636]

o

[@ahmedrafida743]

Thank you so much for explaining so well.

[@ChineseAssignment]

this is a great video

[@user-nm9qd6bo6h]

1:06 "..so if the price of my co-"

[@HuremaHussain]

Great vidio reffered by my teacher love you

[@mattdias4015]

1:31 "i would shit the hole"...........nice

[@manaickillerdraciaux7582]

U better "Shit the Hole" faster

[@yansie]

LMFAOHSHSHWHDHE

[@blueskies_vanszy]

But...with the increase in suppliers, wouldn't there be more competition? Wouldn't that lead to them reducing the prices so that there's more demand for their particular product? I guess that's Market Equilibrium stuff...

[@maheshr4108]

This confused me at first but when listening again he is referring to the amount of people that the PRODUCER (you) is supplying. You're giving your product to the people that supply the market. Imagine a supermarket or something. The more supermarkets that there are the greater the supply would need to be because otherwise you're at a shortage. Any shortage is loss of income. Even though this was 6 years ago it helped me in understanding from my point of view, so I guess a thank you is in order. Thanks.

[@athirakr4977]

Very helpful ful

[@KALYANINAIR-nt9em]

What is the effect on supply in case of increase or decrease in the prices of complimentary goods?

[@hazza2247]

I’m not extremely educated in this subject but I would assume supply will increase if price of complimentary goods go down, my reasoning is that as the price of complementary good goes down, demand for it will increase, if demand for complementary good goes up then so will demand for the original good in question, increased demand causes more supply

[@atefehyaghoobi6767]

@@hazza2247 You are true but what about the point that says when price of complementary goods rise , price of that thing rises and it makes firms supply more so we have increase in supply i think

[@atefehyaghoobi6767]

@@hazza2247 Let's consider just supply nothing else to talk about supply , after that we have demand curve separated and we will make demand and supply in a graph to talk about Equilibrium

[@thaypiseth0078]

Thank you so much for well explaining.

[@fewfaf4214]

I dont get why the number of producers would effect how much ONE company would be willing to sell. I get how it would increase the goods in the whole economy, but not the amount of goods 1 producer would sell

[@-x_x--]

Your video reminds me of garlic cake with ginger syrup

[@laurisskraucis2247]

Thanks for video , but the price is choosen by one person or it is in the market (maybe the average cost per 1 lb in market)?

[@laurisskraucis2247]

thanks

[@manaickillerdraciaux7582]

I just pressed Read more and Shit my pants then closed the read more

[@BenGenio]

Those who can, think of the Five Forces Model of Porter when listing to this.

[@VitaminMePlease]

Is the law of supply from the producer's point of view? As in, does price mean costs of production/inputs to producer or does it mean cost of the grapes to consumers?

[@coreyobrien8777]

From seller's point of view.

[@coreyobrien8777]

Corey O'Brien And when looking at factors that affect supply, price - referring to price of grapes for consumers - is held constant. This allows us to look at how something that is variable, or changes, affects the behavior of the seller of grapes. Does that make sense?

[@VitaminMePlease]

Thank you!

[@milangeloranara1664]

I notice that to some country this doesn't fit the notion.

[@isA.i66]

#3 is dumb lol pretty much said if supply increases then supply increases xD

[@nithinalluri684]

How did you go to oil all of a sudden

[@anshd1306]

Bec grapes will go bad if you hoard it and sell it in the future so he used oil instead as an example

[@manaickillerdraciaux7582]

Grapes are Blu

[@theholywand11]

First

[@AnnabelDavid-ty9qq]

I don't understand the point

[@dubbybear3]

lol

[@haree_krishna_001]

lmaooo

[@Dryltd]

Lol

[@zaidamer4285]

why don't language عربي

[@Khaled_Fadl]

Man I don't understand !