1. Determinants of Supply
Mr. Miller p. 1
Product: John Deere goods

2. Include pics of your good/service and a comment in this notes box

3. Optional picture

4. John Deere engineers developed a new technology for applying paint which shifted their supply curve to the right
Explain the determinant and how it applies to your product

5. Technology- determinant of supply
Improved tech can shift the supply curve right
Companies can sell more of a product at the same price thus increasing revenue
This is a change in supply due to Technology
Identify the determinant and describe the shift in the curve

6. Curve shifts right: JD can make more of their product but charge the same price
Required graph, you can print and draw it by hand, too

7. ASSIGNMENT REQUIREMENTS
Select a good/service from the central Iowa economy
Identify it
Include pictures (minimum: 2)
Include descriptive notes in the box at the bottom of the slide (“Click to add notes”)
Suggested goods/services: local restaurants, grocery stores, retailers, manufacturers
Select a determinant of supply
Create a Power Point similar to this demo
First slide: name, class period, name of good/service
Next: pictures which illustrate the determinant
Next: Include a text slide which provides details of the determinant
Next: Include graphs which demonstrate your understanding of a change in supply and determinants in general (handwritten or copy&paste)
Print as “notes pages” and hand in
Do NOT share as a Google doc
DUE: Friday, April 1
Class time to work: March 29 and 31