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प्रश्न
Define increase in supply.
उत्तर
When larger quantity of a commodity is supplied due to change in other factors, it is called increase in supply.
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संबंधित प्रश्न
Match the following and select the correct option.
Column I | Column II |
(i) Expansion of supply | (A) Prices are expected to fall in future |
(ii) Decrease in supply | (B) Fall in prices |
(iii) Contraction of supply | (C) Prices are expected to rise in future |
(iv) Increase in supply | (D) Rise in prices |
A farmer grows rice and wheat. How will an increase in the price of rice affect the supply of wheat?
What do you understand by shifts of the supply curve?
Point out important factors that lead to increase in supply.
Distinguish between contraction in supply and increase in supply of a commodity.
What is meant by shift in supply curve?
If a farmer grows rice and wheat, how will a decrease in the price of wheat affect the supply curve of rice?
How does an decrease in price of an input affect the supply curve of a firm?
Explain any two causes of increase in supply of a commodity.
Explain any two causes of decrease in supply of a commodity.