Economics · Theory of Supply
Match LIST-I with LIST-II: LIST-I (Economic Concept) A. Supply B. Total Stock C. Movement along the supply curve D. Shift of the supply curve LIST-II (Characteristic / Definition) I. It occurs specifically due to a change in non-price determinants like input costs or technology. II. It reflects a response solely to a price change while the supply curve itself remains unchanged. III. It represents the total physical quantity of a commodity available, which may be held back from the market. IV. It is the specific quantity a producer is willing and able to offer for sale at a given price. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-II, B-III, C-IV, D-I
- 2A-IV, B-I, C-III, D-II
- 3A-III, B-IV, C-II, D-I
- 4A-IV, B-III, C-II, D-I✓
Correct answer
A-IV, B-III, C-II, D-I
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