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The diagram shows the supply of cotton clothes which of the following would be the case of movement from A to B? - Economic Applications

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Question

The diagram shows the supply of cotton clothes which of the following would be the case of movement from A to B?

Options

  • An increase in price of cotton clothes

  • An increase in price of silk clothes

  • An improvement in technology

  • An increase in the number of producers

MCQ

Solution

An increase in price of cotton clothes

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Supply Curve
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Chapter 3: Theory of Supply - QUESTIONS [Page 66]

APPEARS IN

Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTIONS | Q 4. | Page 66
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 4 Theory of Supply
Exercise | Q 4. | Page 96
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