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What is meant by a change in supply? - Economics

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Question

What is meant by a change in supply?

Very Short Answer
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Solution

When the amount supplied of a commodity increases or decreases because of a change in factors other than the own price of the commodity, it is called a change in supply.

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Chapter 5: Supply - Law of Supply and Price Elasticity of Supply - TEST YOURSELF QUESTIONS [Page 97]

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Frank Economics [English] Class 12 ISC
Chapter 5 Supply - Law of Supply and Price Elasticity of Supply
TEST YOURSELF QUESTIONS | Q 20. ii. | Page 97
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