Advertisement Remove all ads

Individual Supply and Market Supply. - Economics

Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads

Individual supply and Market supply.

Advertisement Remove all ads

Solution

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 quantity 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’ 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’. & ‘Mr. B’
Concept: Concept of Supply
  Is there an error in this question or solution?

Video TutorialsVIEW ALL [2]

Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×