Supply Curve Math Explained | 12th Eco Chap 5
Автор: VedSquare
Загружено: 2025-03-29
Просмотров: 18
Описание:
How can the supply curve be represented mathematically? In this short, we dive into the mathematical representation of the supply curve, a fundamental concept in Economics, specifically covered in Chapter 5: Supply Analysis of the 12th-grade curriculum. The correct mathematical representation is $Q_s = a + bP$, where $Q_s$ is the quantity supplied, $P$ is the price, 'a' is the quantity supplied when the price is zero, and 'b' is the slope indicating how quantity supplied changes with price. This video simplifies the concept for easy understanding and application. Perfect for students looking to grasp the basics of Economics and those preparing for exams. #Economics #SupplyCurve #12thGrade #SupplyAnalysis
Standard: 12th
Subject: ECONOMICS
Medium: English
Chapter: SUPPLY ANALYSIS
Chapter Number: 5
Book Page: 37
Difficulty: hard
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