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Individual supply schedule |
Answer» Individual supply schedule\xa0refers to a tabular statement showing various quantities of a commodity that a producer is willing to sell at various levels of price, during a given period of time. The\xa0supply curve\xa0plots the quantity that is willingly supplied at any given price. The\xa0individual supply curves\xa0can be summed by quantity provided at a specific price to achieve an aggregate\xa0supply curve. The\xa0supply curve\xa0is upward sloping in the short run. | |