Supply Analysis — Economics STD 12 Commerce / Arts — Question

1. Individual Supply Curve An individual supply curve is a graphical representation of various quantities of a commodity offered for sale by an individual seller at different prices during a given period of time.
2. It is a narrow concept, as it is a part of market supply.
   
   

1. The above supply curve shows that as price rises quantity supplied increases to 10, 20, 30 kg.

Market Supply Curve:

1. Market supply curve is the graphical representation of the various quantities of a commodity offered for sale by all the sellers at different prices during a given period of time.
2. It is a broader concept, as it sum total of individual supply.
   
   

1. The above supply curve shows that as price rises, total supply in the market rises to a greater extent to 100, 200, 300 kg.