Garis besar topik
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According to the law of supply, firms are willing to produce and sell a greater quantity of a good when the price of the good is higher, and this response leads to a supply curve that slopes upward. For analyzing many questions, the law of supply is all you need to know about firm behavior. In this chapter and the ones that follow, we examine firm behavior in more detail. This topic will give you a better understanding of the decisions behind the supply curve. In addition, it will introduce you to a part of economics called industrial organizationΓÇöthe study of how firmsΓÇÖ decisions about prices and quantities depend on the market conditions they face.
1. Powerpoint PPT: https://drive.google.com/file/d/1rUUXVk55hCKlOoj1JR3xa5b2DsQ170c9/view?usp=sharing
2. Book of Mankiw chapter 13: https://drive.google.com/file/d/1q7uC-ogt-uDPX3lyS56CMOBiqCqCg_f3/view?usp=sharing
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