English

What do you mean by the following concept? Individual Supply Curve

Advertisements
Advertisements

Question

What do you mean by the following concept?

Individual Supply Curve

Very Short Answer
Advertisements

Solution

An individual supply curve is a graphical representation of the supply schedule of a single firm in the market. It slopes upward, indicating a positive relationship between the price of a commodity and the quantity supplied.

shaalaa.com
  Is there an error in this question or solution?
Chapter 6: Supply and Law of Supply - TEST QUESTIONS [Page 6.19]

APPEARS IN

R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 6 Supply and Law of Supply
TEST QUESTIONS | Q A. 26. (ii) | Page 6.19
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×