1. Supply

2. Introduction Amount offered for sale at given price
Price and Point of Time
Direct relationship between supply and price
Stock and Supply
The terms stock implies a fixed quantity while the term supply implies that amount offered can be increased or decreased
Supply refers to that part of stock which is actually offered for sale at given price in the market at given time

3. The Law of Supply
Functional relationship between price and the quantity offered for sale
The law of supply states that, other things remaining the constant, higher the price the greater will be the willingness of sellers to make a product available

4. Supply Schedule

5. Market Supply Curve

6. Factors Determining The Supply of a Commodity
Objective of the firm
State of Technology
Political Disturbance
Government Policy
Future Price Expectations
Industrial Peace
Natural Factors
Price of Factors of Production
Price of Good which is to be supplied
Price of other goods
Number of firms or sellers
The Entry of New Firms
Discovery of New Raw Materials
Development of Transportation
Business Combinations

7. Exceptions of the Law of Supply
Expectations of a fall in price
Sellers who are in need of cash
When leaving the industry
Agriculture output
Backward Sloping supply curve of labour

8. Extension and Contraction of Supply

9. Increase and Decrease in Supply

11. Demand Supply Equilibrium
Equilibrium Price
Equilibrium Quantity
Market Equilibrium
Demand = Supply

12. Changes in Demand and Supply

13. Perishable Commodities

14. Demand and Supply of Consumer Durables

15. Durable Commodities : Reservation Price
Durability of the Commodity
Future Price
Liquidity Preference
Storage Expenses
Future Demand
Future Cost of Production
Time for New Supply
Past Cost

16. Short Run and Long Run Price Determination

17. Thanks