Prices falling can cause abnormal demand curve. Any kind of changes to the price, production, etc. can also cause abnormal curves in demand.
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Abnormal supply curve is caused by fall in price
Prices falling can cause abnormal demand curve. Any kind of changes to the price, production, etc. can also cause abnormal curves in demand.
there are few things that can affect a movement among the supply curve; for instances prices, low rate of income or inferior goods.
the price of a product
a change in amount of goods available
Abnormal supply curve is caused by fall in price
Prices falling can cause abnormal demand curve. Any kind of changes to the price, production, etc. can also cause abnormal curves in demand.
there are few things that can affect a movement among the supply curve; for instances prices, low rate of income or inferior goods.
the price of a product
a change in amount of goods available
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.
It shifts to the right.
It shifts to the right.
It shifts to the right.
how is a market supply curve similar to and diffrent from an individual supply curve
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.
just lead to a shift in the supply curve.