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10 cards from this deck
Qty producers willing & able to sell at given price
Upward sloping (positive relationship with price)
Movement along curve when price increases
Movement along curve when price decreases
Movement along supply curve
Sensitivity of qty supplied to price change
% change in qty supplied ÷ % change in price
At least one factor of production is fixed
All factors of production are flexible
Shifts right (increases supply at each price)
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