Skip to main content

Supply Determinants and Supply Curve Online Notes for Class 12 Economics

Supply Determinants and Supply Curve Notes for Class 12 Economics, Types of supply, Supply Schedule and Supply Curve, Class 12 economics

Supply Determinants and Supply Curve Online Notes for Class 12 Economics

Supply – Supply determinants, supply curve and supply schedule – Economics class 12
Supply is different from stock. Stock refers to the excess of goods available in the market over the products offered for sale. Supply is the part of stock which producer offer for sale. It refers to the quantity of the commodity which is available for sale at the certain price at the specified time. It is the quantity of commodity producer is willing to sell at a given price during a particular period of time. Supply increases with the increase in price and decreases with the decrease in price.
“Supply of goods is the quantity offered for sale in a given market at a given time at the various price” Thomas

Types of supply

Individual Supply
It refers to the amount quantity an individual firm is willing to sell at a particular price in the market.
Market supply
It refers to the amount quantity all the firms are willing to sell at a particular price in the market.

Learn complete Supply Determinants and Supply Curve Online Notes for Class 12 Economics here...

Comments

Post a Comment

Thank you we will contact ASAP.

Popular posts from this blog

Lessons-Worksheets-Question Papers-CBSE Class 2 English

Lessons-Worksheets-Question Papers-CBSE Class 2 English CBSE 2nd Class English – One and Many  In this blog, we share the spelling rules used in the concept of  One  and Many. When there is only one of a naming word (noun), it is said to be a  singular noun . When a noun shows more than one, it is said to be in the  plural . We can add  –S, -es, -ves or ies  to show that there is more than one noun.  For example,  we say many birds, four biscuits, six brushes. But for the students of  Class 2 , it’s very difficult and confusing to understand where to use  s , es, ves or ies  in the form of many. Don’t worry, it looks difficult, but it is very easy as in grammar each concept has a set of rules that need to practice. Noun ending with  –s, -x, -o, -sh, -ch, and –ss  form plurals by taking  –es. Look at these pairs of words: Bus – Buses Brush – Brushes Continue ..... Click here ...
Post a Comment
Read more

Class 3 English Practice Grammar Worksheet -The Adverb

 Class 3 English Practice Grammar Worksheet -The Adverb Class 3 English – The Adverb – Kinds of Adverb Fill in the blanks with suitable Adverbs of place. Choose from the box.  Up               outside                       everywhere                 back                down      away          here                           there                     ...
Post a Comment
Read more

Magnetic and non-magnetic material Class 6 Science

Magnetic and non-magnetic material  Class 6 Science A magnet is a substance that is drawn to certain magnetic materials like iron, cobalt, and nickel. Magnets have the ability to draw iron to them. Natural magnets are rocks that naturally draw iron. Non-magnetic materials include things like wood, rubber, coins, feathers, leather, etc. that are not drawn to iron. Magnet characteristics It pulls magnetic materials, such as iron. The magnet's two ends are referred to as its poles. The magnet's diametrically opposed poles are drawn together. Heating, hammering, or dropping causes it to lose its characteristics. On the basis of properties types of Magnets Temporary magnets are those magnets that are magnetic for only a little duration. Typically, iron, cobalt, or nickel are used to make them. When they are close to the powerful magnet, they act like a magnet. When they are yanked away from the powerful magnet, they stop being magnetic. Permanent magnets are magnets that have magne...
Post a Comment
Read more