So far we have discussed the changes in supply  response to certain factors in simple, non-technical terms. We give below practically the same thing in clutch  The behavior of the suppliers of goods follows a general and consistent pattern a they react 10 some identifiable set of functional supply determinants, Thus, the supply function identifies imbecilic determinants of supply for all goods. In other words, They explain variations in (he quantity of goods supplied This supply function can be put as under:

Qx = F (Px; Py; Pi, T, MD

The supply function is merely a mathematical’ notation which reads as follows: The quantity supplied of any good Qx varies with the prices of that good Px, the price of The goods by, the price of factor inputs Pi, technology T and time periods MT, We analyse below these separate functional relationships,

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