How would you explain a situation when supply of a commodity increase without any increase in price of commodity?
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When supply of a commodity increase without any increase in price of commodity it is known as the situation of increase in supply . Increase in supply occurred when quantity supplied increased due to determinants other than own price of commodity
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supply of a commodity can increase due to law of supply where price of the commodity remains constant.
as per law of supply, supply can change due to factors of supply other than price of the commodity and price of the commodity remains constant.
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