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प्रश्न
What do you understand by shifts of the supply curve?
उत्तर
A shift in the supply curve occurs when supply changes as a result of changes in other factors, such as technical advancements or changes in the prices of factors of production.
A supply increase leads the supply curve to shift forward, whereas a supply reduction causes the supply curve to shift backward.
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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.
In the case of ______, supply falls at the same price.
The following supply curve shifts from SS to S1S1. It may be due to ______.
Increase or decrease in supply means ______.
With the help of a diagram, explain the meaning of a decrease 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 an increase in supply.
What effect does increased input prices have on the supply curve of a commodity? Draw a diagram to explain your answer.
