Advertisements
Advertisements
प्रश्न
In case of ______, supply falls at the same price.
विकल्प
Decrease in supply
Contraction in supply
Increase in supply
Expansion in supply
उत्तर
In case of decrease in supply, supply falls at the same price.
Explanation:
A decrease in supply refers to a situation where the quantity supplied falls even though the price remains the same. This can occur due to higher production costs, unfavourable technological changes, or other factors affecting production. A leftward shift of the supply curve represents this.
APPEARS IN
संबंधित प्रश्न
If Government of India bans the production of plastic bags, how will the supply curve be affected?
If the government of India levies excise duty on sugar, in which direction will the supply of sugar shift?
Point out important factors that lead to increase in supply.
Discuss four factors which determine decrease in supply phenomenon.
Distinguish between contraction in supply and increase in supply of a commodity.
What is meant by shift in supply curve?
What causes a downward movement along a supply curve?
How does the imposition of tax affect the supply curve of a firm?
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.
