Analysis of Supply of a Good (With Diagram)
In this article we will discuss about:- 1. Definition of Supply 2. Individual Supply and the Law of Supply 3. Market Supply Curve/Supply Curve of the Industry 4. Change in Quantity Supplied and Change in Supply, or, Movement along the Supply Curve and Shift in the Supply Curve 5. Time Characteristics of Supply. Definition of Supply: In ordinary language, the [...]