Economy, asked by sainichirag001, 8 months ago

What is Change in supply? Explain it (with reasons) .

Answers

Answered by khushisaboji

2

Answer:

A change in supply is an economic term that describes when the suppliers of a given good or service alters production or output. A change in supply can occur as a result of new technologies, such as more efficient or less expensive production processes, or a change in the number of competitors in the market.

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