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Questions
Construct an imaginary individual supply schedule. Draw an individual supply curve based on an imaginary individual supply schedule.
Prepare an imaginary individual supply schedule and draw an individual supply curve based on it
Draw an individual supply curve based on an imaginary individual supply schedule.
Chart
Diagram
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Solution
Hypothetical Individual Supply Schedule
| Price of good X (₹) | Quantity supplied of good X (unit) |
| 5 | 0 |
| 10 | 10 |
| 15 | 20 |
| 20 | 30 |
Supply curve SS is obtained by plotting price-quantity combinations shown in the supply schedule.
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