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Question
Match the following and select the correct option.
| Column I | Column II |
| (i) Expansion of supply | (A) Rightward shift of supply curve |
| (ii) Increase in supply | (B) Upward movement along a supply curve |
| (iii) Decrease in supply | (C) Downward movement along a supply curve |
| (iv) Contraction in supply | (D) Leftward shift of supply curve |
Options
(i) A, (ii) B, (iii) D, (iv) C
(i) B, (ii) C, (iii) A, (iv) B
(i) B, (ii) A, (iii) D, (iv) C
(i) C, (ii) D, (iii) A, (iv) B
MCQ
Match the Columns
Solution
(i) B, (ii) A, (iii) D, (iv) C
Explanation:
| Column I | Column II |
| (i) Expansion of supply | (B) Upward movement along a supply curve |
| (ii) Increase in supply | (A) Rightward shift of supply curve |
| (iii) Decrease in supply | (D) Leftward shift of supply curve |
| (iv) Contraction in supply | (C) Downward movement along a supply curve |
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Distinction Between Change in Quantity Supplied (Or Movement Along Supply Curve and Change in Supply Or Shift of the Supply Curve)
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