MICROECONOMICS CH : 11 THEORY OF SUPPLY — Economics STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 11 THEORY OF SUPPLY1 Mark
Question
Supply may remain constant even when quantity supplied changes.
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Answer
True. Because, supply refers to the entire supply schedule (or supply curve) while quantity supplied refers to a specific point on the supply curve which changes with change in own price of the commodity
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