Question

The given supply schedule represents ______.

Price (₹)	20	20
Supply (Units)	100	120

विकल्प

• Expansion in supply

• Increase in supply

• Contraction in supply

• Decrease in supply

Answer 1

The given supply schedule represents increase in supply.

Explanation:

Increase in supply occurs when the quantity supplied increases at the same price level. In the given supply schedule, the price remains constant at ₹20, but the quantity supplied increases from 100 units to 120 units. This indicates that there has been an increase in supply, which is typically represented by a rightward shift of the supply curve.