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Commerce · Q1416

Economics

Graduate and Post Graduate · Commerce · question 1416

Q1416

Expansion in supply refers to a situation when the producers are willing to supply

A.
Larger quantity of the commodity at an increased price
Answer
B.
Larger quantity of the commodity due to increased taxation on that commodity
C.
Larger quantity of the commodity at the same price
D.
Larger quantity of the commodity at the decreased price

Answer: Option A

Solution

Answer: Option A
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