CBSE Class 12-commerce Answered
What is the difference between increase in supply and
extension in supply?
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
Expert Answer
Increase in supply: It is due to technological advancement, decrease in input prices, decrease in unit tax, decrease in price of other related goods and the prices of the good will remain constant.
Extension in supply: It is with an increase in price of the good and the other determinants of supply will remain constant.
Answered by | 25 Apr, 2016, 04:40: PM
CBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERTCBSE 12-commerce - Microeconomics
Asked by Topperlearning User | 25 Apr, 2016, 02:40: PM
ANSWERED BY EXPERT
