Economy, asked by humansinghpanwar3179, 3 months ago

questionnaire on theory of supply in India

Answers

Answered by aanurayaprol
1

Answer:

Economics Questions and Answers Test contains 10 questions. Answers to Economics MCQS are available at the end of the last question.

Answered by BTSARMYvminkook
6

Answer:

1.Supply It refers to various quantities of a commodity that the producers wish to sell at different possible prices of the commodity at a particular point of time.

2.Quantity Supplied It refers to a specific quantity supplied at a particular price, during a time period.

3.Individual Supply Supply of a particular commodity by an individual firm at a given price in the market is termed as individual supply.

4.Market Supply Quantities of a particular commodity offered for sale by all the firms at a given price in the market is known as market

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