why more commodity is supplied at a higher price?give acc. to 6 marks question?

Dear student,

Supply refers to the quantity of commodity that is offered for sale at a particular price. 
The most important factor determining the supply of a product is its price. Price and supply of a product are directly related, i.e. with increase in price supply increases and vice versa. More commodity is supplied at a higher price because at higher prices there are higher chances of making profit which induces firm to offer more to market for sale.


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