Question

Study the following table, figure, passage and answer the question given below it.

Price in Rs.	Quantity supplied
10	300
20	______
30	400
40	450
50	______
60	550
70	600

1. Complete the above table (1m)
2. State the relationship between Price and quantity supplied (1m)
3. Draw supply curve based on above supply schedule (2m)

Answer 1

1. Complete the above table

Price in Rs.	Quantity supplied
10	300
20	350
30	400
40	450
50	500
60	550
70	600

2. The relationship between price and quantity supplied is direct. As the price of the commodity rises, the quantity supplied also rises and vice versa.

3.