Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsSupply2 Marks
Question
What is increase-decrease in supply ?
✓
Answer
If the prices remain constant and if the supply increases due to other factors, it is an increase in the supply and if the supply decreases because of other factors, it is the decrease of supply. Increase and decrease of supply are caused by other factors than price.
Need a full question paper?
Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.