Purchase mobileappIcon Download our Mobile App
Call Us at 011-40705070  or  
Click to Call
Select your Board & Class
  • Select Board
  • Select Class

changes in supply vs variation in supply?

Asked by Dattaraj Chari(student) , on 29/7/13


Become Expert
Become a Economics expert
Start Now with Video Lessons, Sample Papers, Revision Notes & more for Class-XII-Commerce - CBSE 

EXPERT ANSWER
Variation or change in quantity supplied
When the supply of a commodity changes due to a change in price (other factors remaining same), then it is refrred as a change in quantity supplied. Graphically, it is represented by a movement along the supply curve.  
Change in supply
When the supply of a commodity changes due to factors other price, it is referred as a chnage in supply. Graphically, it is represented by a shift of the supply curve. 

Posted by Arun Rawat(MeritNation Expert)on 24/12/13

This conversation is already closed by Expert

Ask a QuestionHave a doubt? Ask our expert and get quick answers.
Show me more questions

close