Price (Rs.) | 10 | 20 | 30 | 40 | 50 | 60 | 70 | 80 |
Supply of Individual Firm (kg) | 0 | 5 | 10 | 15 | 20 | 65 | 30 | 35 |
Answer:
Individual and Market Supply Schedule
Since the firms have identical supply, so supply of individual firm has been multiplied by 4 to find the market supply. Price (Rs.) Supply of Individual Firm(kg)(X) Market Supply 4\[\times \]X (kgs) 10 0 0 20 5 20 30 10 40 40 15 60 50 20 80 60 25 100 70 30 120 80 35 140
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