Question

Give two differences between intended supply and actual supply.

Distinguish between intended supply and actual supply.

Differentiate between intended supply and actual supply.

Answer 1

Sr. No.	Intended supply	Actual supply
1.	Intended supply refers to the amount that producers are willing to produce and sell at a given price, assuming no constraints on production.	Actual supply is the amount that is actually produced and made available on the market, which can be affected by unforeseen factors like production issues or changes in costs.
2.	Intended supply is based on planned production levels.	Actual supply may differ due to actual sales being higher or lower than what was anticipated due to changes in demand or input prices.
3.	It may change based on expectations, intentions, or external factors like policy changes.	It is determined by the actual decisions and actions of the producer.
4.	A farmer plans to sell 100 kg of wheat in the market.	The farmer actually brings 80 kg of wheat to the market for sale.