Cost and supply

anaysis
Presented by-
Shalu Mehta
Madhura Pradhan
Mujahid mev
 Here we are study that-

•What is cost
•What is supply
•What is analysis
•What is cost and supply
 What is cost
Cost means the price which we pay for
something….
For example-
A new car may cost several thousand rupees.
To an economic cost
represents resources which are used. cost are
usually expressed in monetary unit but it is
possible to express cost in physical unit
instead of monetary units.
 What is supply
Total amount of a product (goods or
services) available for purchase at any
specified price. It is determined by-
1. Price
2. Price of other goods
in other words supply is
the amount of producer that a producer is
willing and able to sell at specified price.
 PRICE
Producer will try try to obtain the highest
possible price where as the buyer will try to
pay the lowest possible price both setting at
the equilibrium price where supply equal
demand.
 Price of other goods

Lower price of competing goods will reduce

the price and the supplier may switch to
more profitable products thus reducing the
supply.
 What is analysis
1.The resolving of problems by reducing the
conditions that are in them to equations.
2.A resolution of anything.
3.A analysis included-
a) what element it contain
b) low of each element
 Cost analysis
A cost benefit analysis is done to determine how
well, or how poorly, a planned action will turn out.
Although a cost benefit analysis can be used for
almost anything, it is most commonly done on
financial questions. Since the cost benefit analysis
relies on the addition of positive factors and the
subtraction of negative ones to determine a net
result, it is also known as running the numbers.
 Supply analysis

Supply analysis identifies the existing and potential

recreation resources, open space, facilities, and
programs currently available. The analysis includes
all the resources offer. The supply analysis data can
be acquired by 1) use previous maps or analysis
information 2) Send teams into designated areas
to tabulate the necessary information.
 Learning objective of supply
analysis

1. Ability to conduct a supply analysis.

2. Ability to categorize agencies and
organization as public non profit or
commercial.
3. Understanding of various methods and
sources used to collect recreation supply
data.
 Low of supply

A microeconomic law stating that, all other factors

being equal, as the price of a good or service
increases, the quantity of goods or services offered
by suppliers increases and vice versa.