Advertisements
Advertisements
Question
What will the following cause
Price in Rs. | Quantity supplied in Kgs. |
10 | 15 |
20 | 40 |
Options
An extension of supply curve.
A constraction of supply curve.
A downward shift of supply curve.
An upward shift of supply curve.
Solution
An extension of supply curve.
APPEARS IN
RELATED QUESTIONS
Draw a supply curve.
What effect does increased input price have on the supply of a commodity? Draw a diagram in support of your answer.
The continuous rain and lack of fresh supply have affected the availability of tomatoes in India during June - July 2023. What will be the impact on the supply curve for tomatoes?
Which of the following does not cause shift of supply curve of a good?
In case of ______, supply curve is a vertical straight line parallel to the Y-axis.
When a straight-line supply curve passes through the origin, the elasticity of supply will be ______.
How does an improvement in production technology influence the supply curve of a firm?
Define supply curve.
How does a increase in the number of firms in a market affect the market supply curve?
Explain the following diagram.