《曼昆经济学原理Chapter4.ppt

Supply Supply schedule - a table Relationship between the price of a good and the quantity supplied Supply curve - a graph Relationship between the price of a good and the quantity supplied * ? 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Figure 5 * ? 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Ben’s Supply Schedule and Supply Curve Price of Ice-cream Cone $0.00 0.50 1.00 1.50 2.00 2.50 3.00 Quantity Of Cones Supplied 0 cones 0 1 2 3 4 5 Supply curve The supply schedule is a table that shows the quantity supplied at each price. This supply curve, which graphs the supply schedule, illustrates how the quantity supplied of the good changes as its price varies. Because a higher price increases the quantity supplied, the supply curve slopes upward. 0 12 10 11 9 1 2 3 4 5 6 7 8 Quantity of Ice-Cream Cones $3.00 2.50 2.00 1.50 1.00 0.50 Price of Ice-Cream Cones 1. An increase in price . . . 2. . . . increases quantity of cones supplied. Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Supply Individual supply Supply of one seller Market supply Sum of the supplies of all sellers for a good Market supply curve Sum of individual supply curves horizontally Total quantity supplied of a good varies as the price of the good varies All other factors (that affect how much suppliers want to sell) are held constant * ? 2012 Cengage Learning. All Rights Reserved. May not be c