Individual Supply
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Market Supply
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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.
2. Examples : 10 units of a commodity ‘X’ sold at Rs. 10 and 50 units at Rs. 20 by seller ‘Mr. A’.
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It indicates various quantity of a commodity that all sellers are willing to sell in the market at various prices and at different times.
25 units of a commodity ‘X’ sold at Rs. 10 and 60 units at Rs. 20 jointly by sellers ‘Mr. A’. & ‘Mr. B’
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INDIVIDUAL SUPPLY MARKET SUPPLY HSC ECONOMICS DISTINGUISH BETWEEN 12TH STANDARD.
