Next winter is expected to be colder and snowier than usual. Producers expect the demand for ski boots to be high. What will probably happen to the overall supply of ski boots?
The supply will probably go up. The supply will probably go down.
Overall supply is the total amount of a good or service that producers make and sell. There are several things that can make overall supply go up or down. The table below shows how changes to these things might affect overall supply.
 | Resources | Number of producers or suppliers | Expected change in demand
Supply goes up | when resources cost less or are easier to get | when there are more producers or suppliers | when demand is expected to go up
Supply goes down | when resources cost more or are harder to get | when there are fewer producers or suppliers | when demand is expected to go down
Producers are people or companies that make goods or provide services. Suppliers are people or companies that sell goods or services. New inventions or technologies can also help workers produce goods and services more quickly. As a result of these changes, the supply of a good or service will often go up.
Producers expect a cold and snowy winter season. They know that people like to ski when there is a lot of snow. They also know that many of these skiers will need to buy ski boots. So, there is an expected change in demand for ski boots. Producers want to sell as many of the ski boots as they can. So, the supply of ski boots will probably go up.