According to the law of supply, what will happen to the supply of commodity with an increase in the price of a commodity?

Supply of commodity remains the same

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Supply of commodity will be zero

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Supply of commodity decreases

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Supply of commodity increases

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Solution

The correct option is D
Supply of commodity increases

According to the law of supply, other things being equal, the supply of a commodity increases with an increase in its price and decreases with a fall in its price.

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According to the law of supply, what will happen to the supply of commodity with an increase in the price of a commodity?

The correct option is D Supply of commodity increases According to the law of supply, other things being equal, the supply of a commodity increases with an increase in its price and decreases with a fall in its price.

The correct option is D
Supply of commodity increases

According to the law of supply, other things being equal, the supply of a commodity increases with an increase in its price and decreases with a fall in its price.