Question

Distinguish between 'change in supply' and 'change in quantity supplied'.

Answer 1

Heya.....

See here for your answer....

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*** CHANGE IN QUANTITY SUPPLIED...

--- Meaning...

It is the change in supply due to change in own price of the commodity....

-- assumptions..

It occur due to constant of other factors of supply and only increase or decrease in own price of the commodity..

-- effect...

It creates upward or downward movement along a supply curve...

** CHANGE IN SUPPLY....

-- Meaning ....

It is the change in total supply due to change in all the other factors of supply...

-- assumptions..

It occurs due to change in all determinants of supply except own price....

-- effect...

It creates leftward or rightwards shift in supply curve...

-- Be Brainly...

Answer 2

Heya,

➡ CHANGE IN SUPPLY:-

↪ Change in supply refer to any translation of the supply curve either positive or negative attributed by non price factor such as change in production cost ,technology resources price and time element.


➡ CHANGE IN QUANTITY SUPPLIED:

↪ Quantity supplied movement along upwards sloping the supply curve in respond to a change in the market price.

HOPE IT HELPS:-))