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प्रश्न
There are three identical firms in a market. The following table shows the supply schedule of firm 1. Calculate the market supply schedule.
|
Price (Rs ) |
SS1 (units) |
|
0 |
0 |
|
1 |
0 |
|
2 |
2 |
|
3 |
4 |
|
4 |
6 |
|
5 |
8 |
|
6 |
10 |
|
7 |
12 |
|
8 |
14 |
योग
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उत्तर
As all the three firms are identical, so they have same individual supply curve and therefore the market supply will be the summation of supplies of all three firms.
|
Price (Rs.) |
SS1 (units) |
SS2 (units) |
SS3 (units) |
Market Supply = SS1 + SS2 + SS2 |
|
0 |
0 |
0 |
0 |
0 |
|
1 |
0 |
0 |
0 |
0 |
|
2 |
2 |
2 |
2 |
6 |
|
3 |
4 |
4 |
4 |
12 |
|
4 |
6 |
6 |
6 |
18 |
|
5 |
8 |
8 |
8 |
24 |
|
6 |
10 |
10 |
10 |
30 |
|
7 |
12 |
12 |
12 |
36 |
|
8 |
14 |
14 |
14 |
42 |
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