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Glossary Political Economy / Term

Supply schedule

A table or listing showing the exact quantities of a single type of good (or service) that potential sellers would offer to sell at each of a number of varying prices during some particular time period. Supply schedules may be drawn up to reflect the behavioral propensities of a single unique individual, household, or firm -- or, more frequently encountered in microeconomic analysis, composite supply schedules for the particular good may be derived by adding up all the supply schedules of the large number of individuals, households or firms that are active or potentially active as sellers in the market under consideration.

[See also: supply, law of supply, supply curve, market]

Permanent link Supply schedule - Creation date 2020-06-14


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