Individual supply refers to the curve of supplies of a standalone business. It is typically shown in a graph depicting the relationship between the amount sold and the price paid in a specific amount of time, but it can also include hours, wages, and more.
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.
how is a market supply curve similar to and diffrent from an individual supply curve
Types of supply :---- 1. Individual supply 2. Market supply
One says individual and the other says market!
Add up quantities supplied by all individual producers for each price.
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.
how is a market supply curve similar to and diffrent from an individual supply curve
Types of supply :---- 1. Individual supply 2. Market supply
One says individual and the other says market!
jh
The individual supply curve is the supply curve of a single firm producing output. Now say there are X individual producers there at any price P* the total available output is the output of all X producers ( a horizontal summation) this total of each individual supply curve gives the market supply curve. Put it simply all firms sell their output in the market.
Supply economy
Add up quantities supplied by all individual producers for each price.
jh
number of sellers
By simply adding them together.
zero? the supply voltage? the supply voltage minus the individual coltage drops? the sum of the individual voltage drops? which one?