Q a. The prices of vehicles dropped down in the market. Describe its effect on the supply of vehicles in the market. Explain it with the help of diagram? Qb. The supply curve is positively sloped. If...

Q a. The prices of vehicles dropped down in the market. Describe its effect on the supply of
vehicles in the market. Explain it with the help of diagram?

Qb. The supply curve is positively sloped. If there is a change in price then what will happen to the
quantity supplied? Furthermore if non price factors does not remain constant then how will be the
quantity supplied effected?