Economy, asked by Ajeebkumara9017, 2 months ago

differentiate between increase in supply quantity supplied and expansion in supply

Answers

Answered by neha1324n
1

Explanation:

When more quantity is supplied at the same price, it is called an increase in supply. Expansion of supply takes place only due to a rise in the price of a commodity. ... The price of the commodity remains the same. Expansion in supply leads to an upward movement on the same supply curve due to a rise in price.

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