• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Penpoin.

Better Knowledge. Your Insight Is Sharper

  • Business
    • Starting Business
    • Managing Business
    • Growing Business
  • Investing
    • Investing Fundamentals
    • Investment Options
  • Economic Context
    • Microeconomics
    • Macroeconomics
    • International economics

Supply

Individual Supply: Meaning, Curve, Determinants

January 21, 2025 · Ahmad Nasrudin

What's it: Individual supply refers to the number of goods a firm is willing and able to produce at a given price, ceteris paribus. It only represents supply from one producer. When you combine all the firms' production in the market, we call it

Law of Supply

January 21, 2025 · Ahmad Nasrudin

Law of supply states quantity supplied of good has a positive correlation with its own-price, ceteris paribus. If the price of a product rises, the quantity supplied will increase. A higher price encourages producers to increase output to get more

Supply Curve: Means, Determinants

January 23, 2025 · Ahmad Nasrudin

A supply curve is a graphical representation of the law of supply. The law states a positive relationship between the quantity supplied and the own-price of the product. When its own price rises, the quantity supplied will increase. But, when prices

Supply: Meaning, Factors Affecting It

January 21, 2025 · Ahmad Nasrudin

In economics, supply represents the quantity that producers are willing and able to supply at a certain price. That is a fundamental economic concept besides demand.Producers exist to meet consumer demand. If the individual motive is satisfaction

Supply function

January 21, 2025 · Ahmad Nasrudin

The supply function is a mathematical equation that connects the quantity of supply of a good with its determining factors. Determinants include its own price, wages, energy costs, raw material prices, taxes, the selling price expectation, subsidies,

Market Supply: Meaning, Determinans, How It is Calculated

January 21, 2025 · Ahmad Nasrudin

The market supply represents the total quantity of goods or services that producers are willing to supply at a specific price and time. That is the sum of all individual producer supply.How to determine the market supplyWe calculate market

Primary Sidebar

TRENDING

  • Span of Control: Importance, Types, Advantages, Disadvantages
  • Top-Level Management: Examples, Roles and Responsibilities, Skills
  • Macroeconomic Equilibrium: Short Run Vs. Long Run

LATEST

  • Key Factors to Consider Before Investing In Fixed-Income Securities
  • 4 Risks Associated with Fixed-Income Investments
  • 4 Benefits Investing in Fixed-Income Securities

Copyright © 2025  ·  Contact Us  ·  About Us  ·  Terms of Use  · Privacy Policy and Disclaimer  · Affiliate Disclaimer·  Comment Policy