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प्रश्न
When does 'decrease' in supply take place?
उत्तर
A decrease in supply is caused by adverse change in the factors other than own price of the good. It includes fall in efficiency of technology and increase in factor prices. Diagrammatically, it is shown as a backward shift in the supply curve.
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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.
Given saving curve, derive consumption curve and state the steps in doing so. Use diagram.
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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.
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Supply curve slope upward from left to right.
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The relationship between price and supply is positive.
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Fill in the blank with appropriate alternative given below
Total Revenue ÷ Number of units Sold = ________________ .
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Supply is indirectly related to price.
State whether the following statement is TRUE and FALSE.
Supply for perishable goods is inelastic.
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Supply is directly related to price.
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Individual Supply and Market Supply
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Market supply schedule.
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.
