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प्रश्न
What is meant by shift in supply?
What is meant by shift in supply curve (or change in supply)
उत्तर
The supply curve will shift upward to the left or downward to the right of the original curve. This type of change occurs when supply shifts owing to changes in factors other than the price of the same commodity, such as income, fashion, and so on. Thus, when supply declines owing to changes in these parameters, it is referred to as a decrease in supply, and when supply rises, it is referred to as an increase in supply.
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संबंधित प्रश्न
With price being same an increase in the price of inputs will lead to ______ in the supply curve.
Due to installation of a machine with latest technology, the cost of production has decreased. It will lead to ______.
In the case of ______, supply falls at the same price.
The following supply curve shifts from SS to S1S1. It may be due to ______.
Increase or decrease in supply means ______.
If the cost of production is less than the supply will ______.
Explain three factors causing a shift of the supply curve.
If a farmer grows rice and wheat, how will a decrease in the price of wheat affect the supply curve of rice?
With the help of a diagram, define an increase in supply.
With the help of a diagram, define a decrease in supply.
