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Sir how option d is correct for this question I thought it would be option b?? Why I'm wrong

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Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

2K+

05-Nov-20

75

Answers (12)

Please go through the concepts outlining diff between increase in qty demanded & increase in demand and also increase in qty supplied and increase in supply


Sriram Somayajula

Sriram Somayajula

Admin

05-Nov-20

Sriram Somayajula Admin

Please go through the concepts outlining diff between increase in qty demanded & increase in demand and also increase in qty supplied and increase in supply

Sir why there is increase in quantity demanded ?? As supply is increasing because shift in consumer preference not because of price right??so there should be increase in supply not increase in quantity supply


Thread Starter

Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

2K+

05-Nov-20

People are consuming more apples.


Suraj Lakhotia

Suraj Lakhotia

Admin

05-Nov-20

Because there is only demand curve shift towards right not supply curve. So demand increases and price also increases... but the supply increases due to increase in price , not due to others factors. so there is increase in quantity supplied not supply


Abhishek Verma

Abhishek Verma

CA Inter

3K+

09-Nov-20

Abhishek Verma

Because there is only demand curve shift towards right not supply curve. So demand increases and price also increases... but the supply increases due to increase in price , not due to others factors. so there is increase in quantity supplied not supply

Here increase in supply is due to change in consumer preference not due to price so I am saying it as increase in demand and supply


Thread Starter

Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

2K+

09-Nov-20

See

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Abhishek Verma

Abhishek Verma

CA Inter

3K+

09-Nov-20

Thread Starter

Sri kanaga Varshini

Here increase in supply is due to change in consumer preference not due to price so I am saying it as increase in demand and supply

Due to change in consumer preferance only demand increases not supply ..


Abhishek Verma

Abhishek Verma

CA Inter

3K+

09-Nov-20

Abhishek Verma

See

So it means due to rise in demand, price increase and supply increase so it is increase in quantity supplied am I right?


Thread Starter

Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

2K+

09-Nov-20

Yes


Abhishek Verma

Abhishek Verma

CA Inter

3K+

09-Nov-20

postive realtion between price and supply.. so price increases and quanity supplied also increases


Abhishek Verma

Abhishek Verma

CA Inter

3K+

09-Nov-20

Abhishek Verma

Yes

Thank you


Thread Starter

Sri kanaga Varshini

Sri kanaga Varshini

CA Inter

2K+

09-Nov-20

Thread Starter

Sri kanaga Varshini

Thank you

Most Welcome


Abhishek Verma

Abhishek Verma

CA Inter

3K+

09-Nov-20

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