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Distinguish between Individual supply and Market supply. - Economics

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प्रश्न

Distinguish between Individual supply and Market supply.

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उत्तर

Points Individual Supply Market Supply
1. Meaning It indicates various quantities of a commodity that an individual seller is willing to well in the market at various prices and at different times. It indicates various quantities of a commodity that all sellers are willing to sell in the market at various prices and at different times.
2. Examples 10 units of a commodity ‘X’ were sold at Rs. 10 and 50 units at Rs. 20 by seller ‘Mr. A’. 25 units of a commodity ‘X’ sold at Rs. 10 and 60 units at Rs. 20 jointly by sellers ‘Mr. A’. and ‘Mr. B’
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अध्याय 5: Supply - Law of Supply and Price Elasticity of Supply - TEST YOURSELF QUESTIONS [पृष्ठ ९६]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 5 Supply - Law of Supply and Price Elasticity of Supply
TEST YOURSELF QUESTIONS | Q 3. | पृष्ठ ९६
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