Suppose Mary was a book writter, who dies a year ago. At the time of her death, she had written 600 books which have all been distributed to various book shop in Zambia. Draw the supply curve for Mary's books
It is not possible to draw a supply curve for Mary's books without knowing the quantity of books she wrote during her lifetime and the prices at which they were sold. However, we can assume that the supply curve for Mary's books would be vertical at the quantity of 600 books, as that was the total number of books she wrote and distributed to various bookshops in Zambia. The price at which the books are sold would determine where on the supply curve the market equilibrium lies.
