Supply Schedule Definition:
A supply schedule is a tabular representation that shows the quantity of a good or service that suppliers are willing and able to produce and sell at various prices.
Explanation:
The supply schedule is used to illustrate the relationship between price and quantity supplied in the market. It provides valuable information about the behavior of suppliers and their response to changes in price.
Key Points:
- The supply schedule is presented in a table format.
- It lists different prices in one column and the corresponding quantity supplied in another column.
- The quantity supplied represents the amount of a product that producers are willing to sell at a particular price.
- The supply schedule helps to identify the law of supply, which states that as the price of a product increases, the quantity supplied also increases, ceteris paribus.
- It allows for the analysis of market equilibrium, where the quantity supplied equals the quantity demanded.
- The supply schedule can be used to create a graphical representation known as the supply curve, which shows the relationship between price and quantity supplied in a visual format.
Conclusion:
A supply schedule is a tabular representation that provides information about the quantity supplied at different prices. It is an essential tool in understanding the behavior of suppliers and analyzing market dynamics.

Supply Schedule Definition:
A supply schedule is a tabular representation of the quantity supplied at various prices. It shows the relationship between the price of a product and the quantity that producers are willing and able to supply at each price level. This schedule helps to understand the behavior of suppliers in response to changes in price.

Tabular Representation:
A supply schedule presents the data in a table format, with two columns: one for the price of the product and another for the corresponding quantity supplied. Each row represents a different price level, and the quantity supplied at that price is recorded.

Various Prices:
The supply schedule includes various prices to capture the relationship between price and quantity supplied. It shows how the quantity supplied changes as the price of the product changes. By analyzing the supply schedule, we can observe the pattern of supply and identify the factors that influence producers' decisions.

Constant Prices:
The supply schedule does not keep prices constant. Instead, it presents different prices at which the product can be sold. By examining the quantity supplied at each price level, we can determine how suppliers respond to changes in price, which helps in understanding market dynamics.

Graphical Representation:
While the supply schedule is typically presented in a tabular form, it can also be used to create a graphical representation known as the supply curve. The supply curve is derived from the supply schedule and plots the quantity supplied on the x-axis and the price on the y-axis. This graphical representation provides a visual understanding of the relationship between price and quantity supplied.

Importance:
The supply schedule is crucial in determining the equilibrium price and quantity in a market. It helps economists and market participants analyze the supply side of the market and make predictions about the behavior of suppliers. By studying the supply schedule, one can understand the responsiveness of suppliers to changes in price, the elasticity of supply, and the factors that influence producers' decisions to supply goods and services.

In conclusion, a supply schedule is a tabular representation of the quantity supplied at various prices. It provides valuable insights into the behavior of suppliers and helps in analyzing the supply side of the market. By examining the relationship between price and quantity supplied, one can understand the dynamics of supply and make predictions about market outcomes.