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प्रश्न
With the help of a diagram, explain the meaning of a decrease in supply.
उत्तर
It is due to an increase in input prices, increases in unit tax, increases in prices of related goods and the price of the good remaining constant. Hence, an increase in the price of substitute goods will shift the supply curve to the left.
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संबंधित प्रश्न
With the help of a diagram, explain the meaning of the increase in supply.
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