Supply Schedule

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Supply Schedule

Supply schedule is the tabular presentation of the law of supply. It shows various quantities of a good that would be supplied at varying prices per unit of a good. The various quantities of tea being supplied in the market during a given year.

Price per Kg Quantity Offer for Sale (Lakh Kg) Price per Kg $ Quantity Offered Sale (Lakh Kgs)
10
202
30
40
2
4
6
10
50
60
70
80
12
14
16
17

When the price of tea is low, at $ 10 per kg the supply is only 2 lakh kgs. But as the price keeps on rising, the supply also rises. At $ 80 per kg, the total supply comes to 17 lakh kgs. Such a table which shows the various quantities of a commodity supplied at various prices is called supply schedule.

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