Advertisements
Advertisements
प्रश्न
With the help of a diagram define decrease in supply.
उत्तर १
If quantity supplied of the commodity falls due to change in other factors, it is called decrease in supply.
उत्तर २
When supply of a commodity falls due to factors other than the price of the commodity, it is called decrease in supply. Graphically, it implies a leftward shift of the supply curve of the commodity. In the figure, SS is the original supply curve. At OP price, OQ quantity is supplied. Now when supply decreases, SS curve shifts to S1S1. Quantity supplied decreases from OQ to OQ1 at the same price of OP.
संबंधित प्रश्न
Due to installation of a machine with latest technology, the cost of production has decreased. It will lead to ______.
Increase or decrease in supply means ______.
What will be the effect of raising production subsidies on the supply of a commodity?
Mention the impact of advanced technology on the supply of a commodity.
A farmer grows rice and wheat. How will an increase in the price of rice affect the supply of wheat?
What do you understand by shifts of the supply curve?
What causes a downward movement along a supply curve?
What causes an upward movement along the supply curve of a commodity?
What is meant by 'increase' in supply?
With the help of a diagram, define increase in supply.
