INDIVIDUAL SUPPLY MARKET SUPPLY

21.       individual supply
 market supply
1.      Meaning
It indicates various quantities of a commodity that an individual seller is willing to well in the market at various prices and at different times.


2.      Examples
10 units of a commodity ‘X’ sold at Rs. 10 and 50 units at Rs. 20 by seller ‘Mr. A’.

It indicates various quantity of a commodity that all sellers are willing to sell in the market at various prices and at different times.



25 units of a commodity ‘X’ sold at Rs. 10 and 60 units at Rs. 20 jointly by sellers ‘Mr. A’. & ‘Mr. B’