Advertisements
Advertisements
प्रश्न
What do you understand by shifts of the supply curve?
उत्तर
A shift in the supply curve occurs when supply changes as a result of changes in other factors, such as technical advancements or changes in the prices of factors of production.
A supply increase leads the supply curve to shift forward, whereas a supply reduction causes the supply curve to shift backward.
APPEARS IN
संबंधित प्रश्न
With price being same an increase in the price of inputs will lead to ______ in the supply curve.
In the case of ______, supply falls at the same price.
If the government of India levies excise duty on sugar, in which direction will the supply of sugar shift?
Explain three factors causing a shift of the supply curve.
Define a decrease in supply.
What causes a downward movement along a supply curve?
What is meant by 'increase' in supply?
How does the imposition of taxe affect the supply curve of a firm?
With the help of a diagram, define an increase in supply.
With the help of a diagram, define a decrease in supply.