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Chapter 10 of 24
Concept Maps

Supply — Concept Maps

NIOS · Class 10 · Economics

4 concept maps of Supply for NIOS Class 10 Economics, each also written out as a text outline. Part of the NIOS Class 10 Economics syllabus.

43 questions34 flashcards5 concepts

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A multi-panel labeled diagram showing the horizontal summation of individual firm supply curves to derive the market supply curve in perfect competition. Illustrates two firms with different supply cu
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4 Concept Maps

Supply: Key Concepts and Determinants

Supply: Key Concepts and Determinants

The map in words

  • Supply
    • Definition and Components
      • Quantity offered for sale
      • At given price
      • During given time period
    • Stock vs Supply
      • Stock is point in time
      • Supply is over period
      • Supply is part of stock
    • Individual Supply
      • Single firm supply
      • Supply schedule
      • Supply curve
    • Market Supply
      • Sum of all firms
      • Total available quantity
      • Market equilibrium
    • Law of Supply
      • Direct relationship
      • Price and quantity
      • Ceteris paribus condition
    • Determinants
      • Price of commodity
      • Technology
      • Input prices
      • Related goods prices
      • Firm objectives
      • Government policy
      • Number of sellers
      • Expected future price
    • Supply Curve
      • Upward sloping
      • Price on Y-axis
      • Quantity on X-axis
      • Reflects law of supply

Supply – Complete Chapter Overview

Supply – Complete Chapter Overview

The map in words

  • SUPPLY
    • Meaning
      • Quantity offered for sale
      • Given Price
      • Given Time Period
    • Stock vs Supply
      • Stock is Point of Time
      • Supply is Period of Time
      • Supply is Part of Stock
    • Individual Supply
      • One Firm
      • Supply Schedule
      • Supply Curve
        • Upward Sloping
        • Price on Y axis
        • Quantity on X axis
    • Market Supply
      • All Firms Combined
      • Sum of Individual Supplies
      • Market Supply Schedule
    • Determinants
      • Individual Supply Factors
        • Price of Commodity
        • Technology
        • Input Prices
        • Related Goods Prices
        • Firm Objective
        • Government Policy
      • Additional Market Factors
        • Number of Firms
        • Expected Future Price
    • Law of Supply
      • Direct Relationship
      • Ceteris Paribus
      • Reasons
        • More Profit
        • Stock Disposal
        • New Firms Enter

This flowchart illustrates the difference between stock as a point-in-time measurement and supply as a flow over a time period

This flowchart illustrates the difference between stock as a point-in-time measurement and supply as a flow over a time period

The map in words

  • Total Stock Available
    • Stock on August 1st: 820 quintals
      • Point in Time Measurement
    • Supply during August
      • 300 quintals supplied at Rs. 2300 per quintal
        • Flow over Time Period

Supply of a commodity

Supply of a commodity

The map in words

  • Supply of a commodity
    • Meaning of supply
    • Stock and supply
    • Individual supply
    • Factors affecting individual supply
    • Law of supply
    • Supply curve
    • Market supply
    • Factors affecting market supply

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Frequently Asked Questions

What are the important topics in Supply for NIOS Class 10 Economics?
Key topics in Supply include Meaning of Supply, Stock and Supply, Factors Affecting Individual Supply, Individual Supply Schedule and Supply Curve. Study these first, then practise questions on each for the NIOS Class 10 board exam.
What do the concept maps for Supply show?
The 4 maps show how the ideas in Supply connect: Supply: Key Concepts and Determinants; Supply – Complete Chapter Overview. Each map is also written out as an outline on this page.
How should I revise Supply for the NIOS Class 10 board exam?
Learn the core ideas first, then work through the 43 practice questions on Supply. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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