wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Consider a market with two firms. In the following table , columns labeled SS1 and SS2 gives the supply schedule of firm 1 and firm 2 respectively . Compute the market supply schedule.
Price Rs.SS1 kgSS2kg
000
100
200
310
420.5
531
641.5
752
862.5

Open in App
Solution

Price Rs.SS1 kg SS2kg Market Supply
(=SS1+SS2) kg
00 0 0
10 0 0
20 0 0
31 0 1
42 0.5 2.5
53 1 4
64 1.5 5.5
75 2 7
86 2.5 8.5

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Retirement of a Partner - II
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon