What causes an extension in supply? pls answer i need it for school project

Arts

1 answer:

11Alexandr11 [23.1K]3 years ago

8 0

Answer:

When the price of a commodity increases its quantity supplied also increases it is called the extension of supply. In opposite process, when the price of commodity decreases, the quantity supplied of it also decreases it is called the contraction of supply. It leads to the law of supply.

Explanation:

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