Advertisements
Advertisements
प्रश्न
Which of the following factor may cause decrease in supply?
विकल्प
Fall in price of given product
Fall in price of factors of production
Decrease in number of firms
Expected fall in the price of given product in future
उत्तर
Decrease in number of firms
Explanation:
A decrease in the number of firms in the market would reduce the overall market supply, leading to a decrease in supply. This is because fewer firms would produce the product, reducing the quantity available for sale at any given price.
APPEARS IN
संबंधित प्रश्न
Explain three reasons for the rightward shift of the supply curve.
What is meant by shift in supply?
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 ______.
If the cost of production is less than the supply will ______.
What do you understand by shifts of the supply curve?
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.
With the help of a diagram, explain the meaning of a decrease in supply.
What is meant by 'increase' in supply?
