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प्रश्न
With price being same an increase in the price of inputs will lead to ______ in the supply curve.
विकल्प
Upward movement
Rightward shift
Downward movement
Leftward shift
उत्तर
With price being same an increase in the price of inputs will lead to Leftward shift in the supply curve.
Explanation: Given the same price, a rise in input costs will cause the supply curve to shift to the left due to higher costs, reduced profits, causing companies to create and supply less at the fixed rates.
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संबंधित प्रश्न
With the help of a diagram, explain the meaning of the increase in supply.
Explain three reasons for the rightward shift of the supply curve.
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With the help of a diagram, explain the meaning of a decrease in supply.
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With the help of a diagram, define an increase in supply.
Discuss four factors which determine this phenomenon.