Question
Distinguish between 'change in quantity supplied' and 'change in supply'.
Solution
| Change in Quantity Supplied | Change in Supply |
| 1. It refers to the change in supply due to change in price of the good. | 1. It refers to the change in supply due to the change in the price determinants of supply other than price. |
| 2. Determinants of supply other than price remains unchanged. | 2. Price of the good remains unchanged. |
| 3. Law of supply apply | 3. Law of supply does not apply. |
| 4. There is upward and downward movement alongwith curve in this situation. | 4. Supply curve shifted to leftward or rightward under this supply condition. |
