Assignment Help - homework help

  Theory of Supply, Law of Supply Homework Help

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

Definition

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 ($)

16

14

12

10

8

6

4

2

Qty. supplied (kg)

40

35

30

25

20

15

10

5

833_supply cuve.png

Market Supply Curve

 

 

698_shift curve1.png

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

  • Higher degree holder and experienced tutors network
  • Punctuality and responsibility of work
  • Quality solution with 100% plagiarism free answers
  • Time on Delivery
  • Privacy of information and details
  • Excellence in solving accounting questions in excels and word format.
  • Best tutoring assistance 24x7 hours