Changein thepirce ofthegiven commoditywill lead to :
Answer»
Expansionis Supply conrtaction in supply either (a) or (b) Neither (a) and (b)
Solution : Increase in PRICE will lead to increase in the supply and hence expansion in supply , and DECREASE in price will lead to FALL in supply and hence contraction in supply.our correct ANSWER is OPTION is (c).