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प्रश्न
Explain how the supply of a commodity is affected by the prices of other related commodities. Give suitable examples.
टिप्पणी लिखिए
उत्तर
The price of related items determines the supply of that good. When the price of a substitute good rises, so does the supply.
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Concept of Supply
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संबंधित प्रश्न
Following is an essential feature of supply:
Which one of the following is not a feature of supply?
The quantity of a commodity which a seller is ready to offer for sale at a given price and at a given time. This defines ______.
Supply always refers to a specific desired quantity which a seller is willing to ______.
Define the term supply.
Price of the commodity and quantity supplied of that commodity is ______ related.
