Supply of Beer

Economists treat supply symmetrically as demand. That is, we treat supply (also) as a relationship between price and the quantity supplied. Usually, the relation is direct (upward sloping), rather than inverse.

Here is the supply schedule corresponding to the beer demand given before.

Supply of Beer, 1960

price, cents/gal.	Quantity supplied, millions of gals.

50	0
60	0
70	0
80	1304.4
90	2894
100	4483.6
110	6073.2
120	7662.8

Diagram