SELECT * FROM question_mgmt as q WHERE id=5566 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=60 AND chapterId=611 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED)

Question:

Consider a market with two firms. The following table shows the supply schedules of the two firms: the SS1 column gives the supply schedule of firm 1 and the SS2 column gives the supply schedule of firm 2. Compute the market supply schedule.

Price (Rs.) SS1 (units) SS2 (units)
0
1
2
3
4
5
6		 0
0
0
1
2
3
4		 0
0
0
1
2
3
4

Answer:

Price SS1
(unit)		 SS2
(unit)		 Market Supply
= SS1+SS2
0 0 0 0 + 0 = 0
1 0 0 0 + 0 = 0
2 0 0 0 + 0 = 0
3 1 1 1 + 1 = 2
4 2 2 2 + 2 = 4
5 3 3 3 + 3 = 6
6 4 4 4 + 4 = 8


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