Supply

Supply may refer to:

Supply (economics)

In economics, supply is the amount of something that firms, consumers, laborers, providers of financial assets, or other economic agents are willing to provide to the marketplace. Supply is often plotted graphically with the quantity provided (the dependent variable) plotted horizontally and the price (the independent variable) plotted vertically.

In the goods market, supply is the amount of a product per unit of time that producers are willing to sell at various given prices when all other factors are held constant. In the labor market, the supply of labor is the amount of time per week, month, or year that individuals are willing to spend working, as a function of the wage rate. In the financial markets, the money supply is the amount of highly liquid assets available in the money market, which is either determined or influenced by a country's monetary authority.

The remainder of this article focuses on the supply of goods.

Supply schedule

A supply schedule is a table which shows how much one or more firms will be willing to supply at particular prices under the existing circumstances. Some of the more important factors affecting supply are the good's own price, the prices of related goods, production costs, technology and expectations of sellers.

Money bill

In the Westminster system (and, colloquially, in the United States), a money bill or supply bill is a bill that solely concerns taxation or government spending (also known as appropriation of money), as opposed to changes in public law.

Conventions

It is often a constitutional convention that the upper house may not block supply. There is often another requirement that non-money bill type clauses may not be attached to a money bill.

Loss of supply in the lower house is conventionally considered to be an expression of the house's loss of confidence in the government resulting in the government's fall.

Requirements in Westminster Systems

Australia

A supply bill in the Australian System is required to pass the House of Representatives, the Senate and be signed by the Governor-General. The Senate has no power or ability to introduce or modify a supply bill, but has the ability to block or defer the passing of a supply bill. The most famous instance where supply was blocked was during the 1975 constitutional crisis. This has resulted in agreements between political parties to prevent the blockage of supply bills through the Senate.

Option

Option may refer to:

Computing

Entertainment

History

Legal rights

Options (novel)

Options is a 1975 absurdist science fiction novel by Robert Sheckley, published in paperback by Pyramid Books. The first British edition appeared in 1977, and a French translation was published in 1979.

The story is ostensibly about a marooned space traveller's attempt to get a spare part for his starship, the Intrepid III. He has a robotic guard, programmed to guard him against all planetary dangers. But soon he discovers that the robot has not been programmed for the planet where they are, with comic results. However, the narrative later descends into a mass of diversions, non-sequiturs and meditations on the nature of authorship. Eventually the diversions take over the book to the extent that the author openly introduces an increasingly bizarre succession of deus ex machina in an attempt to get the novel back on track, but eventually admits defeat.

Reception

Spider Robinson reviewed the novel favorably, declaring that although Sheckley deliberately broke most of the rules for successful storytelling, Options was "hilarious . . . an exploding cigarette, a velvet banana, a bearded tractor, a Presbyterian platypus."

Computer configuration

In communications or computer systems, a configuration is an arrangement of functional units according to their nature, number, and chief characteristics. Often, configuration pertains to the choice of hardware, software, firmware, and documentation. The configuration affects system function and performance.

See also

References

External links