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Individual supply schedule

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Individual supply schedule

Posted by Shavitaj Kaur 3 years, 6 months ago

CBSE > Class 11 > Economics

1 answers

Meghna Thapar 3 years, 5 months 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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CBSE > Class 11 > Economics