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प्रश्न
What is 'decrease' in supply?
उत्तर
Decrease in supply refers to a fall in the supply of a commodity caused due to any factor other than the own price of the commodity.
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संबंधित प्रश्न
Due to installation of a machine with latest technology, the cost of production has decreased. It will lead to ______.
In case of ______, supply falls at the same price.
Increase or decrease in supply means ______.
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 |
What will be the effect of raising production subsidies on the supply of a commodity?
Define increase in supply.
Discuss four factors which determine decrease in supply phenomenon.
Distinguish between contraction in supply and increase in supply of a commodity.
Explain any two causes of increase in supply of a commodity.
Explain any two causes of decrease in supply of a commodity.