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प्रश्न
What is meant by ‘increase’ in supply?
उत्तर
When the supply of a good increases due to a favourable change in the factors other than the price of the good (such as a rise in the price of substitute good, appreciation of technology level, etc.), then it is called increase in supply.
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संबंधित प्रश्न
Explain the distinction between “change in quantity supplied’ and “change in supply”. Use diagram.
Given saving curve, derive consumption curve and state the steps in doing so. Use diagram.
When does 'decrease' in supply take place?
How does change in per unit tax influence the supply of a good by a firm? Explain.
Distinguish between the following.
Percentage method of measuring the elasticity of supply and Geometric method of measuring the elasticity of supply.
Write short answer for the following question :
Explain the increase in supply and decrease in supply.
Give reasons or explain the following statements
The relationship between price and supply is positive.
Fill in the blank with appropriate alternative given below
Total Revenue ÷ Number of units Sold = ________________ .
State whether the following statement is TRUE and FALSE.
Stock is the source of supply.
State whether the following statement is TRUE and FALSE.
Supply is indirectly related to price.
State whether the following statement is TRUE and FALSE.
Supply for perishable goods is inelastic.
Give reason or explain:
Supply is directly related to price.
Give reason or explain:
The supply of agricultural commodity is relatively inelastic.
Write short note on the following:
Market supply schedule.
Write short note on the following:
Labour supply curve.
Do you agree or disagree with the following statement? Give reason.
The backward slopping supply curve shown as inverse relationship between supply of labour and wage rate.
State with reason whether you 'agree' or 'disagree' with the following statement.
Supply depends on several factors.
