Economy, asked by rkkhande75, 5 months ago

.Movement along the supply curve happens due to change in own price of the

commodity. State true or false.

Answers

Answered by ishaansingh30
0

Answer:

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Answered by Anonymous
0

Answer:

true

Explanation:

because when the price of a commodity changes other factor keep constant the quantity supplied of the commodity change is suitably this is because of direct relationship between of the two quantity supplied and the o w n price .a change in price other causes supply curve to expand or contract.

if price increases other factor remains constant increase in quantity supplied which is referred to as an ex pension in supply

if the price decrease keeping other factors are constant then quantity supplied decrease hence it's contraction

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