Supply Schedule
A supply schedule is a table that shows the quantity of a good or service that producers are willing and able to offer for sale at various prices during a specific period. It provides a snapshot of the relationship between price and quantity supplied in the market.

Components of a Supply Schedule
- Price: The price of the good or service is listed on the vertical axis of the supply schedule.
- Quantity Supplied: The quantity of the good or service that producers are willing to supply at each price is listed on the horizontal axis.

Relationship between Price and Quantity Supplied
As the price of a good or service increases, the quantity supplied by producers also tends to increase. This positive relationship is known as the law of supply. Producers are more willing to supply goods or services at higher prices because they can earn more revenue and cover their production costs.

Factors Influencing Supply
Several factors can influence the supply of a good or service, including:
- Production costs
- Input prices
- Technology
- Government regulations
- Future expectations

Market Equilibrium
The point where the supply curve intersects with the demand curve is known as market equilibrium. At this point, the quantity supplied equals the quantity demanded, leading to an efficient allocation of resources in the market.
In conclusion, the supply schedule is an essential tool for understanding the behavior of producers in response to changes in price. By analyzing the supply schedule, economists and policymakers can make informed decisions about market dynamics and resource allocation.