Module 3 Assignment
Completion requirements
Respond to the question prompt below:
List five things that will shift a supply curve to the right and explain how they would do so?
Instructions
Respond
to the question prompt by submitting your typed response in no more
than a one-page double spaced document in 12 pt, Times New Roman. Your
response should be submitted by the deadline. This response will be
graded with the writing rubric. (instructional faculty should edit this
section to fit the desired expectation)
SLOS
This assignment addresses the following outcomes (and potential outcomes based on responses):
- Course SLO1: Identify the basic economic principles that serve as the foundation of economic analysis
- Course SLO 2: Understand the interaction of supply and demand in determining prices and the role of prices in coordinating economic activity
- Course SLO 3: Analyze the economic impact of government regulation, price setting, and taxes on consumers and producers
- Course SLO 4: Explain how externalities affect the efficiency of markets, and what can be done to improve the efficiency of markets in which externalities exist
- Module SLO 2: Identify a demand curve and a supply curve
- Module SLO 3: Explain supply, quantity supplied, and the law of supply
- Module SLO 7: Identify factors that affect supply