मराठी

Which of the following factor may cause decrease in supply. - Economic Applications

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प्रश्न

Which of the following factor may cause decrease in supply.

पर्याय

  • Fall in price of given product

  • Fall in price of factors of product

  • Decrease in number of firms

  • Expected fall in the price of given product in future

MCQ

उत्तर

Decrease in number of firms

Explanation:

A decrease in the number of firms in the market would reduce the overall market supply, leading to a decrease in supply. This is because fewer firms would produce the product, reducing the quantity available for sale at any given price.

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Shift in Supply Curves
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पाठ 3: Theory of Supply - QUESTIONS [पृष्ठ ६७]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 3 Theory of Supply
QUESTIONS | Q 12. | पृष्ठ ६७
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