WAYS TO PRESENT

SUPPLY
Presented by: Torres, Charlotte H.
 SUPPLY

In economics, supply is the amount of a

resource that firms, producers, laborers,
providers of financial assets, or other
economic agents are willing and able to
provide to the marketplace or directly to
another agent in the marketplace.

In simpler terms, it is the amount of a good

or service offered for sale
LAW OF SUPPLY

The law of supply relates to this functional QUANTITY

relationship between price of a commodity and its PRICE
SUPPLIED
supply. In contrast to the inverse relationship
between the quantity demanded and the changes in
price, the quantity supplied gener­ally varies
directly with price. That is, the higher the price, QUANTITY
PRICE
SUPPLIED
the larger is the quantity supplied of a
commodity.
SUPPLY EQUATION

Qs=c+dP

Quantity Quantity Price coefficient

Price
Supplied Intercept
 QUANTITY DEMANDED
VS. QUANTITY SUPPLIED
Quantity supplied is the quantity of a commodity that
producers are willing to sell at a particular price at a
particular point of time. Quantity demanded is the
quantity of a commodity that people are willing to buy at
a particular price at a particular point of time
SUPPLY SCHEDULE
Price Quantity
Qs=c+dP
1 0
 1. Find the ‘d’ variable
2 200

33 500
500 For every 1 peso increase in the
price of choc-nut, there will be
300 pcs increase in the quantity
4 800 of the production of chocnuts.

5 1100

6 1400

7 1700
SUPPLY SCHEDULE
Price Quantity
Qs=c+300P
1 0
 2. Find the ‘c’ variable
2 200

33 500
500 Qs=-400+300(6)
Qs=-400+1800
4 800 Qs=1400

5 1100

6 1400

7 1700 Qs=-400+300P
 SUPPLY CURVE
8

5
PRICE

0
0 200 400 600 800 1000 1200 1400 1600 1800

QUANTITY SUPPLIED
THANKS!
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