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Marginal Efficiency of Capital: Definition and How It Works

The marginal efficiency of capital (MEC) is the expected rate of return from an additional unit of capital investment, a term Keynes introdu...
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Movements and shifts in demand and supply curves
Definitions

Movements and shifts in demand and supply curves

Saddique Ansari • January 28, 2020 • 1 min read

Author bio

Movements and shifts

When the price of a product changes it will result in a movement along either a demand or supply curve.

When a non-price determinant of demand or supply changes (assuming price is constant) it will cause a shift in the position of the demand or supply curve.

shifts and movements

 


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