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XJignctuse
 The Lauw Of Sepply
Explain the Law ot supply and uirte the corditions tor
ohich the ply cunve shifle tosumd and and kochwad.
Detintican
*Soply 19 meant the quarities al a Commodity o
Sesvice which o seller is wilm anol able to oTkos
C
r Sale at vaxious psices oluirg a giuon fevicd ot
fimo.
*he highex the pvice the qhcotar l l k the
uantity cei a commcolty tha will be spid yC
a poclucex, ancl vice-jessa.

The selaticn lo
diiect and
Poice quantrty suppliel is
Pcstive
Foetors Int luencing Upply
1.Poics ot the
commodty- The highes the psice ct q
commodituy the loos toill ho the quantity supPlied and
Vice-vesSa.
9.ice ot other, commocity A
ancthes comodify also change in the poice odt
attecis the
Commodity supply ot a
3.ice tactass usecl in ts
anmy one tacts oi pcduction-
tho_psice of
poccluction
in the psocluction ot lie,Lobouy os
captal usc
USecl
OT cOmmcolity incenrs, ts cost
a

pocluction auc psice l l incoeae As a

OT

ts atpr uill tall and he soppy will be vesut,

ecluced
 ioals ol Poclucess-A pocduces who aim art aximising
his Sale, he will psoduce nd sell mote
5.ate of Tenobqy-H nsu ancd Inpoved methodp ci
Pocluction atBe Ussd, they tend to incseaso thie supply
Commocl t i .
THE LAW OF SUPPy
*The law of eupply staes that,cthes things zemaining the
Some, thee Uantiuu
quantty UPplicdot a compeny Commcllty
s civecty cs postiuely rselaterd to its price.
*In othes wrscl, uhen thex ie a giee, in the p i
ot o commodity the quaniy suppliet ot it in tho
mazhet incveases acl whn there is a tall in the
a
commodty, rts quantity sOPpiecd docnas
othey thigs emainig the same.
his, ts sUppy cuve oj a commoclrty sbpes cpuaad
cm ejt to ght .

eaumpicns
The ssumpticn o auo of supply cu
b change in stab. o technobogg
Do chonge in the poice ot factos9 ot prooluctin.
No cngo in tho numbey of tivmg in the mayHof
b chonige in the goals ot the tim
*o chorge in the selers oectation9
Polces
acscling tutue
Nb chango in the Hax ad
he Psccluct subsidy polcy o
No change in the oice ot other grcck.
Sopplyhedule:
*pply xheedulo is C tabala pesehion oi vrsioug
cembinations of psice and quantrty uplied ky fhe elkr
Ox PIOdu daing a peico oi time

Rce Cn R) Gulidy Sph- Cn )

20 2

40
50 5

*The tabo shoaus a posrte selaticnship ketueen poice ard

quantity Spplicd ot a commcdrly
Spply Cove
supply cuse is defined CS the qoaphicnnssil
-sticn ot SupPly ahocluNo.

6 50
S
30
20

2 3 67 Quntiy agldGnkh)
*In the qien igu, poice qunndty SUplied ae meask
aerg he y-axis the X- oxis ectively.
*By pdtlipg VCTBIOUS ComkinadieyG ci pre and uany
spliec ue dcniud prints f,B,C,D,f covs dd' jcining
Hhesa poinds (coe tind an uppind abpig ie, SS,
*The prortiwo slopeot the sopplu coe ss eshblishes
Hhe a oi Spply and shouws he preite elatignship
in beluecn pskce and Uatrty sopplied

Shifts In Spy, Cie

,
Guantly Sppied
Shi n applu cusve cun aso be oj tuo ypes-
sightosud shitt and letuod shit
Rigturad chitt occouKS in SUpply cuNe
uhen qumtity o
SUpplicd cmmcoty incoeseS at ame poke cuuo to tavoue
SOplic
honges in ron-pice jocto of pocodrtion ot aontdrtu
*Smilosly, lstwod sht ccus olen quonu of tte
upplicd ommccldty decscags at fhe ame psice.
heosons Fos ightond shitt aply Cuxve

Qnity Sppiscd
TmpvOB n t in ter hnolcay
*Decieo9o 10 tax
Detvcose in cost c jaclo o poduclion.
Solles3 xpechtia o all in psice in Julue
Favsthille westhec cohion chohges in haorlo -aslepshon,
Inaricnag intemiction lslurobones etc
Reosons fo e d sift ol Spply Cuave
y

Oonity Syphe
+Lbe cf ob os autdartec techniooa
Incscose in tox
*lncease n cast toctos ol pocouticn
Untovseble Cecthok canclition.
Sellas expecloat ot sie n
poice in -tuna.
KEFRENCES
ica modue,betnes economics, ca Cicdadrn, 2022
VHcp
3 h ) 10e, ac in

4Shcde shaue
Deuel KK, Mod0n) economic theoysS.Chond Co,
Ne Delhi 2003
6sstal Ased,bimie ot Eoncnics, HoCmillea,lcdon,
TNCERT kusines conomics Vol 1,CBSE,