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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 production
Decrease in number of firms
Expected fall in the price of given product in future
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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