Supply schedule shows the relationship between

Price and quantity supplied of a commodity

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Price and market for a commodity

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Price and quality supplied of a commodity

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Price and place of production of a commodity

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Solution

The correct option is A
Price and quantity supplied of a commodity

A supply schedule shows the various quantities of a commodity which can be offered for sale at different prices during a given period of time.

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Similar questions

Q. Price elasticity of supply for a commodity is

5

. When price of the commodity rises from

R s . 9

per unit to

R s . 10

per unit, supply rises by

25

units. Calculate quantity supplied at

9

per unit.

Per Unit Price of Commodity X (Rs.)	Quantity Demanded of Commodity X (Units)	Quantity Supplied of Commodity X (Units)
10	50	110
20	60	100
30	70	90
40	80	80
50	90	70
60	100	60
70	110	50

On the basis of the table, equilibrium is attained at price ________.

The price of a commodity is Rs 100 per unit and quantity supplied at this price is 500 units. If its price falls by 10 percent and quantity supplied falls to 400 units. Calculate its price elasticity.

Q. The price elasticity of supply of a commodity is