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The composite supply rule applies where there is a principal element as well as an ancillary element or elements being supplied and where the ancillary elements would not realistically be sold on their own without the principal element. Such ancillary supplies are not physically and economically dissociable from the principal supply.
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What are the forms of supply?
Types of supply :---- 1. Individual supply 2. Market supply
How are supply schedule and supply curve related?
Supply schedule and supply curve and related in the sense that there exists an important relationship between supply and demand. The greater the supply curve, the greater the supply schedule.
What is supply in macro economic?
in Macro economics supply may refer to supply of factors of production, labor supply or supply of capital.
What is the abbreviation for supply?
SUPPLY
What is contraction of supply?
A contraction of supply is a movement of the supply curve to the left.
