Understanding the Supply Curve: Shifts and Producer Surplus

What does the supply curve show us? This video takes a look at what we can tell from the supply curve about the behavior of sellers and quantities supplied at different prices. We’ll talk about producer surplus as well as factors that lead to an increase in supply and a decrease in supply — and we’ll provide a list of these important supply shifters.

**TEACHER RESOURCES**
Supply and Demand 5-day HS unit plan: https://mru.io/mks

Assessment questions: https://mru.io/principles-b3eb6

EconInbox, a free weekly email of class-ready news articles, videos, and more: https://mru.io/engage-students-568c4

More high school teacher resources: https://mru.io/high-school-2c705

More professor resources: https://mru.io/university-teaching-48381

**CONTINUE LEARNING**
Next video—What Shifts the Supply Curve? https://mru.io/supply-curve-8b8b9

Interactive practice: https://mru.io/r1a

Full Microeconomics course: https://mru.io/rhg

00:00 Introduction
00:43 Reading Supply Curves - Horizontal & Vertical Methods
01:41 Producer Surplus
02:23 Producer Surplus, Graphed
03:15 Supply Curve Shifts - Increase in Supply
05:06 Supply Curve Shifts - Decrease in Supply
06:07 List of Supply Shifters