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प्रश्न
What do you understand by shifts of the supply curve?
उत्तर
When the supply changes due to change in any factor other than the own price of the commodity, it is called change in supply. Graphically, it is called shift of supply curve.
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संबंधित प्रश्न
Match the following and select the correct option.
Column I | Column II |
(i) Expansion of supply | (A) Prices are expected to fall in future |
(ii) Decrease in supply | (B) Fall in prices |
(iii) Contraction of supply | (C) Prices are expected to rise in future |
(iv) Increase in supply | (D) Rise in prices |
If Government of India bans the production of plastic bags, how will the supply curve be affected?
Mention the impact of advanced technology on the supply of a commodity.
A farmer grows rice and wheat. How will an increase in the price of rice affect the supply of wheat?
Point out important factors that lead to increase in supply.
What is meant by shift in supply curve?
What is meant by 'increase' in supply?
If a farmer grows rice and wheat, how will a decrease in the price of wheat affect the supply curve of rice?
How does an decrease in price of an input affect the supply curve of a firm?
With the help of a diagram, define increase in supply.