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Distinguish Between: Increase in supply and Decrease in supply - Economics

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प्रश्न

Distinguish Between:

Increase in supply and Decrease in supply

अंतर स्पष्ट करें

उत्तर

Sr No. Increase in supply Decrease in supply
1. When more quantity is supplied at the same price, it is called as increase in supply. When less quantity is supplied at the same price, it is called as decrease in supply.
2. Increase in supply takes place due to favourable change in factors other than price. The price of the commodity remains the same. Decrease in supply takes place due to unfavourable changes in factors other than price. The price of the commodity remains the same.
3. Increase in supply is shown by a shift in supply curve from left to right. Decrease in supply curve is shown by a shift in supply curve from right to left
4.
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अध्याय 4: Supply Analysis - Distinguish Between
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