Nature of Supply 📈

Late Start Day 🕣

🎯 Learning Targets

• Explain the difference between supply and quantity supplied
• Explain what the law of supply states
• Explain what supply schedules and supply curves illustrate
• Describe supply elasticity

⏰ What We Did

• Watched and took instructional notes on Lesson 4, Part 1: Nature of Supply
  
• Continued playing "Business Strategy"

⚙️ Resources

• Lesson 4 Instructional Notes
• Lesson 4, Part 1: Nature of Supply
• Business Strategy Central

💻 Homework

• Watch and take notes on Lesson 4, Part 2: Changes in Supply, before class tomorrow