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The theory of the firm under perfect competition — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsThe theory of the firm under perfect competition1 Mark
Question
Increase or decrease in supply means:
  1. Change in supply due to change in its own price.
  2. Change in supply due to change in factors other than its own price.
  3. Both (a) and (b).
  4. None of the above.
✓

Answer

  1. Change in supply due to change in factors other than its own price.

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