Economy, asked by pthkraghav, 3 months ago

what is means by expansion of supply ? ​

Answers

Answered by kanak1227
18

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
7

Explanation:

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

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