Economy, asked by pthkraghav, 4 months ago

what is means by expansion of supply ?

Answers

Answered by kanak1227

Answer:

When a rise in the price of a commodity leads to increase in quantity supplied of a commodity, it is called expansion/extension of supply

Answered by panigrahim2007

Explanation:

Expansion of supply is like that of a demand refers to a movement along the supply curve in response to change in price..

hope it helps

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what is means by expansion of supply ? ​

Answers

what is means by expansion of supply ?