Free CBSE Class 11 Microeconomics Chapter 11 Supply Notes PDF

Supply explains the quantity a producer is willing to sell at different prices during a period. The notes cover the law of supply, determinants, movement and shift, market supply and price elasticity of supply.

Board: CBSE · Class: 11 · Updated: 2026-08-31 · Access: Free, no registration

Important topics covered

Meaning and determinants of supply
Individual and market supply schedules
Law of supply
Movement along and shift of the supply curve
Price elasticity of supply

Exam-focused revision checklist

Distinguish change in quantity supplied from change in supply.
Draw extension, contraction, increase and decrease correctly.
Practise percentage and geometric elasticity questions.

Important questions with answer guidance

What should students explain about Meaning and determinants of supply?

Meaning and determinants of supply is an important part of Supply. Begin with its meaning, explain the main elements or relationship clearly, and support the answer with an example, schedule or diagram wherever the chapter requires it. Distinguish change in quantity supplied from change in supply.

What should students explain about Individual and market supply schedules?

Individual and market supply schedules is an important part of Supply. Begin with its meaning, explain the main elements or relationship clearly, and support the answer with an example, schedule or diagram wherever the chapter requires it. Draw extension, contraction, increase and decrease correctly.

What should students explain about Law of supply?

Law of supply is an important part of Supply. Begin with its meaning, explain the main elements or relationship clearly, and support the answer with an example, schedule or diagram wherever the chapter requires it. Practise percentage and geometric elasticity questions.

What should students explain about Movement along and shift of the supply curve?

Movement along and shift of the supply curve is an important part of Supply. Begin with its meaning, explain the main elements or relationship clearly, and support the answer with an example, schedule or diagram wherever the chapter requires it. Distinguish change in quantity supplied from change in supply.

Chapter MCQs with answers

MCQ 1: Which of the following is directly covered in Chapter 11: Supply?

Meaning and scope of economics
What, how and for whom to produce
Meaning and measurement of utility
Meaning and determinants of supply

Answer: D. Meaning and determinants of supply is one of the core topics covered in this chapter.

MCQ 2: Which of the following is directly covered in Chapter 11: Supply?

Individual and market supply schedules
Production possibility curve and schedule
Total utility and marginal utility relationship
Indifference curve and indifference map

Answer: A. Individual and market supply schedules is one of the core topics covered in this chapter.

MCQ 3: Which of the following is directly covered in Chapter 11: Supply?

Law of diminishing marginal utility
Law of supply
Properties of indifference curves
Law of demand and its assumptions

Answer: B. Law of supply is one of the core topics covered in this chapter.

MCQ 4: Which of the following is directly covered in Chapter 11: Supply?

Budget set and budget line
Movement along and shift of the demand curve
Movement along and shift of the supply curve
Geometric or point method

Answer: C. Movement along and shift of the supply curve is one of the core topics covered in this chapter.

Download Supply notes PDF for CBSE Class 11 Microeconomics

Use the complete chapter PDF for school tests, board-exam revision and concept review. View or download the free Supply notes PDF.

Why you can trust this study resource

This chapter-specific resource is organised by Smit Sir for Class 11 Commerce students. It is free to view and download and should be used alongside NCERT questions and the latest official CBSE sample papers.

Frequently asked questions

Are these Supply notes free?

Yes. The complete CBSE Class 11 chapter PDF can be viewed online or downloaded without payment or registration.

What is covered in Chapter 11?

The notes cover Meaning and determinants of supply, Individual and market supply schedules, Law of supply and the other important concepts listed on this page.

How should I use these notes for CBSE exam revision?

Start with the overview, revise each key topic, read the complete PDF and finish with the exam checklist, important questions and MCQs. Also practise NCERT questions and the latest official CBSE sample papers.

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