The kind of lighting you choose will be a huge factor in the cost of lighting installation. Simple lighting can be pretty affordable, but more expensive fixtures will bring up the cost of installation-as will antique chandeliers or fixtures.
a change in supply is the shift in supply curve due to change in price of other commodities and other factors like taste,weather,income e.t.c while a change in quantity supply â¦ is the change in price of the commodity itself that affect the quantity supply,here the supply curve remain constant but there will be a movement along the supply curve.
The, greater the responsiveness of quantity supplied of a commodity to the change in its price, the greater is its elasticity of supply. To be more precise, the elasticity of supply is defined as a percentage change in the quantity supplied of a product divided by the percentage change in price.Kinds of Elasticity of Supply: There are five types of elasticity of supply which are given below. (I) perfectly elastic supply:It is a case where a very slight change in price causes an Infinite change in supply. A slight fall in prices brings quantity supplied to zero.inds of Elasticity of Supply: There are five types of elasticity of supply which are given below. (I) perfectly elastic supply: It is a case where a very slight change in price causes an Infinite change in supply. A slight fall in prices brings quantity supplied to zero.