Question

 

 Distinguish between extension of supply and an increase in supply.

02 Mar 2026
Answer :
Word Count : 126
An extension of supply refers to a situation where the quantity supplied of a good increases due to an increase in its price, while other factors remain constant. This movement occurs _______ _______ _______ ____ __________ ______ ________ ______.
_____ _________ __________ __________ _______ _______ _________ __________ _____ ____ ____ ____.
_________ __________ ________ _______ ________ ___.
_________ _________ _____ _______ _________.
_____ ___ _____ __________ _____ ____ _______ __________ ______ ___.
________ __________ ________ _________ ______ _________.
__________ ______ ___ ______ _____ ____ ______ ________ ________ _____ __________ ____.
______ _____ ________ ________ ______ _________ ________ ____.
__________ _____ ___ _____ ______ _______ _________ _____ ____.
_________ ______ _______ _____ ________ ___ _________.
_________ ___ _____ _____ ___ _________ ________ _________ ________ ____.
______ ________.
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