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What is the difference between supply function and supply curve?
Wiki User
∙ 11y ago
supply function can be defined as the quantity of a good.
Wiki User
∙ 11y ago
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What is difference between individual supply curve and market supply curve?
The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.
What is the difference between the supply and the supply curve?
Supply is the quantities of commodities in a producer willing and able to offer for sale for a particular period of time while supply curve is the use of graphical method to show the relationship between the price and the quantity supply.
The supply curve shows the relationship between what?
the supply curve shows the relationship between
Difference between learning curve and experience curve?
difference between leaning curve and experience curve
How are supply schedule and supply curve related?
Supply schedule and supply curve and related in the sense that there exists an important relationship between supply and demand. The greater the supply curve, the greater the supply schedule.
What is difference between individual supply curve and market supply curve?
The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.
What is the difference between a probability density curve and cummulative distribution function?
what is density curve
What is the difference between the supply and the supply curve?
Supply is the quantities of commodities in a producer willing and able to offer for sale for a particular period of time while supply curve is the use of graphical method to show the relationship between the price and the quantity supply.
The supply curve shows the relationship between what?
the supply curve shows the relationship between
Difference between learning curve and experience curve?
difference between leaning curve and experience curve
How are supply schedule and supply curve related?
Supply schedule and supply curve and related in the sense that there exists an important relationship between supply and demand. The greater the supply curve, the greater the supply schedule.
What relationship is shown by a supply curve?
What is shown by a supply curve, is the marginal cost of the company that you are considering, from the point it crosses the average costs function.
What is linearity error?
When a function or given data set differes from a liniar curve fit. the difference between the data and a linear curve fit is your linearity error
What is difference between change in supply and change in quantity supplied?
a change in supply is the shift in supply curve due to change in price of other commodities and other factors like taste,weather,income e.t.c while a change in quantity supply is the change in price of the commodity itself that affect the quantity supply,here the supply curve remain constant but there will be a movement along the supply curve.
What is the difference between a supply curve and a supply schedule?
The supply schedule just gives you the information of the Supply curve in a box, with the respective supply and its price producers want to sell their good. Remenber, This is for the supply only - dont mix them up with the supply and demand charts. The more the producer supplies the market ---> the more they want to sell their goods for. That is why it is sloped upwards. Anyways the Supply curve is just the chart or whole drawing of the supply side.
How do you Explain the difference between change in supply and change in quantity supplied?
A change in supply means that the supply curve has shifted. With a stable demand, this will result in a change in the quantity supplied but also a change in price. A change in only quantity supplied without a change in supply would require a horizontal supply curve. Alternatively a change in quantity supplied and price may occur if there is a shift of the demand curve.
What best explains the purpose of a supply curve?
The purpose of a supply curve is to graph the relationship between quantity supplied and price charged.
