Question 21 of 33
Q.______ : Change in supply : : Other factors constant : Variation of supply
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2024Subjective· 1mImportance★★★★★
64% · 21/33 Questions
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Start your 14-day free trial to unlock the full solution →Completing the correlation: Change in other factors : Change in supply :: Other factors constant : Variation of supply. Answer: Change in other (non-price) factors.
Why: Two supply situations must be distinguished:
- Variation (movement) of supply — caused by a change in the good's own price while all other factors stay constant; it is shown as a movement along the same supply curve (expansion/contraction). …
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