Basic Concepts: Determinants of Supply and Demand

2. Change in the number of buyers

3. Change in consumer incomes

5. AP Microeconomics Visual 2.11 National Council on Economic Education http://apeconomics.ncee.net A Price Ceiling

6. AP Microeconomics Visual 2.12 National Council on Economic Education http://apeconomics.ncee.net A Price Floor

7. AP Microeconomics Visual Visual 2.3 National Council on Economic Education http://apeconomics.ncee.net Changes in Supply and Quantity Supplied

9. Change in technology

10. Change in taxes and subsidies

11. Change in the prices of other goods

12. Change in producer expectations

13. Change in the number of suppliers

14. Any factor that increases the cost of production decreases supply.

16. AP Microeconomics Visual Visual 2.6 National Council on Economic Education http://apeconomics.ncee.net Shifts in Demand and Supply

17. AP Microeconomics Visual Visual 2.7 National Council on Economic Education http://apeconomics.ncee.net Qualities That Affect Elasticity of Demand

18. AP Microeconomics Visual Visual 2.8 National Council on Economic Education http://apeconomics.ncee.net Elasticity Coefficients

19. AP Microeconomics Visual Visual 2.9 National Council on Economic Education http://apeconomics.ncee.net Summarizing Price Elasticity of Demand

20. AP Microeconomics Visual National Council on Economic Education http://apeconomics.ncee.net Tax Incidence and Elasticity of Demand