Individual supply schedule

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Meghna Thapar 5 years, 1 month ago
Individual supply schedule refers to a tabular statement showing various quantities of a commodity that a producer is willing to sell at various levels of price, during a given period of time. The supply curve plots the quantity that is willingly supplied at any given price. The individual supply curves can be summed by quantity provided at a specific price to achieve an aggregate supply curve. The supply curve is upward sloping in the short run.
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