Advertisements
Advertisements
Question
How does an decrease in price of an input affect the supply curve of a firm?
One Line Answer
Solution
Rightward shift in supply curve.
shaalaa.com
Shift in Supply Curves
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
In case of ______, supply falls at the same price.
Which of the following factor may cause decrease in supply.
Increase or decrease in supply means ______.
If Government of India bans the production of plastic bags, how will the supply curve be affected?
What do you understand by shifts of the supply curve?
If the government of India levies excise duty on sugar, in which direction will the supply of sugar shift?
Discuss four factors which determine decrease in supply phenomenon.
Distinguish between contraction in supply and increase in supply of a commodity.
What is meant by 'increase' in supply?
What is 'decrease' in supply?