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What is supply function? - Economic Applications

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Question

What is supply function?

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Solution

Supply function refers to functional relationship between supply and the factors affecting the supply of a commodity.

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Supply Function
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Chapter 3: Theory of Supply - QUESTION BANK [Page 74]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTION BANK | Q 5. | Page 74
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