give one reason for an increase in supply of a commodity
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Increase in quantity supplied Whensupply of a commodity increases due to increase in price of a commodityand other factors are remaining constant, it is called increase in quantity supplied. In this situation,supply curve moves upward. Ans. In case of increase in output price, Marginal Cost tends to rise.
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Increase in quantity supplied When supply of a commodity increases due to increase in price of a commodity and other factors are remaining constant, it is called increase in quantity supplied. In this situation, supply curve moves upward. Ans. In case of increase in output price, Marginal Cost tends to rise.
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