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| Change in-Quantity SuppIied | Change in supply |
| When the quantity supplied changes due to change in price, keeping other factors constant, it leads to a movement along the supply curve, | when the supply changes due to any change in the other factors, at the same price, it leads to a shift in supply curve. |
| The movement is along the same suppiy curve either upward .(known as contraction in supply). | The shift in the supply curve is either rightward (known as increase in supply) or leftward (known as decrease in supply). |
| Tt occurs due to change (increase or decrease) in the price of the given commodity. | It occurs due to a change in other factors like change in the price of inputs, change in taxes, change in technology etc. |
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Sanidhya Jadaun? 6 years, 10 months ago
2Thank You