The demand of the consumer determines the quantity of goods a seller supplies. Supply and demand also affects market price.
number of sellers
The total supply of every seller willing and able to sell a good.
A seller's market.
monopoly
The demand of the consumer determines the quantity of goods a seller supplies. Supply and demand also affects market price.
number of sellers
The total supply of every seller willing and able to sell a good.
A seller's market.
cost of labor a change in the demand for the product the number of sellers offering the product
Supply and demand.
monopoly
requirements contract
The individual seller is only one of a great many sellers. The market supply curve is obtained by seeing what each seller does at a price and then adding up all the outputs at that price.
When discussing supply, you must look at things from the seller's point of view. This includes analyzing factors such as production costs, technology, and price expectations that influence how much a seller is willing and able to supply in the market.
When determining the cost of an item, the seller will often analyze the demand as well as the supply before setting the price of the
If a seller increase supply without changes in demand, his business will not last. He will have more supply than demand.