Definition of theory of supply
Supply refers to the quantity of the commodity which is offered for sale at a given price and at a particular instant of time.
Law of Supply
If all the other things stay constant (ceteris paribus), the higher the price, the larger will be the quantity supplied and vice versa.
Individual Supply Schedule and Curve
Definition - Supply schedule shows the relationship between quantity supplied of a good and the different price level of that commodity.
- Supply curve is the graphical presentation of the supply schedule.
Individual Supply Schedule
Price per kg ($)
Qty. supplied (kg)
Market Supply Curve
Email based law of supply homework help - assignment help at TutorsGlobe
Are you searching economics tutor for help with Theory of Supply questions? Theory of Supply topic is not easier to learn without external help? We at www.tutorsglobe.com offer finest service of economics homework help and economics homework help. Live tutors are available for 24x7 hours helping students in their Theory of Supply related problems. We provide step by step Theory of Supply question's answers with 100% plagiarism free content. We prepare quality content and notes for Theory of Supply topic under economics theory and study material. These are avail for subscribed users and they can get advantages anytime.
Why TutorsGlobe for homework help
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!