Distinguish between Expansion of supply and Increase in supply.
Q.2 (B) (v) Distinguish between Expansion of supply and Increase in supply.
1 answer
Best answer
Answer: Distinguish between Expansion of supply and Increase in supply
| Points | Expansion of supply | Increase in supply |
|---|---|---|
| Meaning | Rise in quantity supplied due to a rise in price only. | Rise in supply at the same price due to favourable changes in other factors. |
| Cause | Change in price of the commodity. | Change in factors other than price (better technology, fall in cost, favourable weather, subsidy). |
| Supply curve | Upward movement along the same supply curve. | The supply curve shifts to the right. |
| Price | Price changes (rises). | Price remains the same. |
Doubtly AI
· 28 Oct 2026
AI-verified · Oct 2026
Report
Was this answer helpful?
Thanks for the feedback.
Sign up free to save answers and ask your own doubts
Your answer
Log in or create a free account to answer this question.