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Managerial Economics




                    Notes
                                          Example: From a supply schedule to a supply curve.
                                   Let’s see how a supply curve is drawn on the basis of figures given in the supply schedule.

                                                                  Supply  Schedule
                                               Price of X (in  )             Quantity Supplied of X (in units)
                                                    10                                  200
                                                    20                                  250
                                                    30                                  300
                                                    40                                  350
                                                    50                                  400
































                                                         From  Supply Schedule  to Supply  Curve




                                      Task       Consider a hypothetical supply schedule for potatoes and draw a supply
                                     curve for potatoes.




















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