Explain the difference between the increase in supply and increase in

1.	Explain the difference between the increase in supply and increase in quantity of supply
Answer» \tChange in SupplyChange in Quantity SuppliedMeaningWhen supply due to the change in all other variables other than the price of a good (i.e. price of the good remains same), then it is referred as change in supply.When supply changes due to change in the price of goods only, assuming other determinants remaining unchanged, then it is referred as change in quantity supplied.FunctionsIt is represented as Qx\u200b=f(Pˉx\u200b,Py\u200b,Pi\u200b,T,G,GF\u200b,NF\u200b) It is represented as Qx\u200b=f(Px\u200b,Pˉy\u200b,Tˉ,Pˉi\u200b,Gˉ,Gˉf\u200b,NˉF\u200b)Shifts & MovementsIt results in a shift in the supply curve of the firm which can be rightwards or leftwards. It results in a movement of the supply curve of the firm which can be upward or downward.Types:The following are its types: 1) Increase in Supply 2) Decrease in Supply The following are its types: 1) Expansion of Supply 2) Contraction of Supply\t

Explain the difference between the increase in supply and increase in quantity of supply