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The following supply curve shifts from SS to S1S1. It may be due to ______. - Economic Applications

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Question

The following supply curve shifts from SS to S1S1. It may be due to ______.

Options

  • Decrease in Taxes

  • Upgradation of technology

  • Fall in the price of inputs

  • All of these

MCQ
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Solution

The following supply curve shifts from SS to S1S1. It may be due to decrease in Taxes, upgradation of technology and fall in the price of inputs.

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Shift in Supply Curves
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Chapter 3: Theory of Supply - QUESTIONS [Page 67]

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Goyal Brothers Prakashan Economic Application [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTIONS | Q 10. | Page 67
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