The summation of the two individual supply curves will generate the market supply curve for that product. Consider two wineries in the Paso Robles region. Paso Winery may be willing to supply 20 bottles if the market price were $10/bottle but willing to supply 100 bottles if the price were $50/bottle.
The California Gold Rush (1848-1855) began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California.
Gold Rush Facts: 1  Gold was discovered on January 24, 1848 by James Marshall at Sutter's Mill in Coloma. 2  The lure of sudden wealth brought about rapid, uncontrolled population growth and rapid, uncontrolled prices for necessary goods and services. 3  More fortunes were made by merchants than by miners.