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प्रश्न
What is meant by ‘increase’ in supply?
उत्तर
When the supply of a good increases due to a favourable change in the factors other than the price of the good (such as a rise in the price of substitute good, appreciation of technology level, etc.), then it is called increase in supply.
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संबंधित प्रश्न
If price falls, the supply curve will shift to the left.
Explain the distinction between “change in quantity supplied’ and “change in supply”. Use diagram.
Examine the effect of (a) fall in the own price of good X and (b) rise in tax rate on good X, on the supply curve. Use diagrams.
Given saving curve, derive consumption curve and state the steps in doing so. Use diagram.
When does ‘increase’ in supply take place?
How does change in per unit tax influence the supply of a good by a firm? Explain.
How does subsidy influence the supply of a good by a firm? Explain.
Distinguish between the following.
Percentage method of measuring the elasticity of supply and Geometric method of measuring the elasticity of supply.
Distinguish between :
Percentage method of counting elasticity of demand and Geometric method of counting elasticity of demand.
Give reasons or explain the following statements
The relationship between price and supply is positive.
Answer the following questions in detail.
What is meant by Supply? State its determinants.
State whether the following statement is TRUE and FALSE.
Supply is indirectly related to price.
State whether the following statement is TRUE and FALSE.
Supply for perishable goods is inelastic.
Write short note on the following:
Change in supply.
Write short note on the following:
Labour supply curve.
Do you agree or disagree with the following statement? Give reason.
The backward slopping supply curve shown as inverse relationship between supply of labour and wage rate.
