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प्रश्न
When does ‘increase’ in supply take place?
उत्तर
An increase in supply is caused by a positive change in the factors other than own price of the good. It includes improvement in technology and reduction in factor prices. Diagrammatically, it is shown as a forward shift in the supply curve.
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संबंधित प्रश्न
If price falls, the supply curve will shift to the left.
Explain the distinction between “change in quantity supplied’ and “change in supply”. Use diagram.
Examine the effect of (a) fall in the own price of good X and (b) rise in tax rate on good X, on the supply curve. Use diagrams.
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What is meant by ‘increase’ in supply?
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Explain the increase in supply and decrease in supply.
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Supply curve slope upward from left to right.
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 = ________________ .
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Stock is the source of supply.
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Individual Supply and Market Supply
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Market supply schedule.
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Change in supply.
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.
