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diffrrence between change in quantity supply …

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diffrrence between change in quantity supply and change in supply
  • 2 answers

Kunal Goswami 5 years, 11 months ago

When there is change in the price of the commodity and other factors are constant, then it refers to Change in Demand. When there is change in other factors and the price of commodity is constant, it is called change in Quantity Demand.

Yogita Ingle 5 years, 11 months ago

CHANGE IN QUANTITY SUPPLIED CHANGE IN SUPPLY
It is the change in supply due to change in own price of the commodity. It is the change in total supply due to change in all the other factors of supply.
It occur due to constant of other factors of supply and only increase or decrease in own price of the commodity It occurs due to change in all determinants of supply except own price.
It creates upward or downward movement along a supply curve. It creates leftward or rightwards shift in supply curve.

 

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