A.planting crops,those were the commoners jobs to do
They are voted on by the people.
Being an entrepreneurship could help school leavers or drop out not to become an unemployment statistics because you are depending on your personal business.
Even without a good government job, as an entrepreneurship, one can create a self employed job on their own
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A market supply schedule shows the prices and the quantity of goods supplied in the entire market.
<h2>Further Explanation</h2><h3>Market supply</h3>
- Market supply is the quantity of goods or services that suppliers are willing to supply to the market at a particular price.
- Producers and suppliers will supply goods and services at the most favorable market price that is determined by the forces of demand and supply among other factors.
<h3>Market supply schedule </h3>
- A market supply schedule outlines the relationship between prices of goods and services and the Quantity of goods and services supplied by the producers or suppliers to the market.
- Quantity of goods and services supplied by the producers varies with the market price.
- The supply schedule helps us to come up with a law that we call the law of supply which defines the relationship between price and quantity of goods and services supplied.
<h3>Law of supply </h3>
- According to the law of supply, an increase in price of a good or a service results to an increase in the quantity of goods or services that suppliers are willing to supply.
- Conversely, a decrease in price on the other hand will result to low supply of quantity of goods and services by the suppliers.
Keywords: Supply, supply schedule, Quantity of goods supplied, price of goods.
<h3>Learn more about; </h3>
Level; High school
Subject: Business
Topic: Demand and supply
Sub-topic: Supply
