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1 vote
When is it not necessary to build a new market supply schedule?

2 Answers

2 votes
I believe the answer is: When there is a change in price

When there is a change in price, we need to re-arrange the quantity of our supply in order to make sure that we do not overstock.
Because the demand on the market became uncertain because of the price changing, building a market supply schedule during price change would be too risky.
answered
User Dpjanes
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5 votes
Answer - When there is a change in price. A market supply is the sum of the supplies of all sellers. While a market supply schedule is a chart that lists the amount of a product all buyers in a market will purchase at different prices.
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User Shannell
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