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प्रश्न
Fill in the blank.
If the market supply of a commodity X changes due to improvement in technology, the market supply curve will ___________.
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उत्तर
If the market supply of commodity X changes due to improvement in technology, the market supply curve will shift rightwards.
संबंधित प्रश्न
Explain the difference between "Shift of Supply Curve" and "Movement along Supply Curve". State one factor responsible for each. Use diagrams.
When does 'shift' in supply curve take place?
What is 'change in supply'? Explain the effect of tax imposed on a good on the supply of the good.
Which of the following does not cause shift of supply curve of a good?
(Choose the correct alternative)
(a) Price of input
(b) Price of the good
(c) Goods and services tax
(d) Subsidy
Which one of the following will cause a rise in the equilibrium price of rice when the demand for rice remains the same?
An increase in the number of firms in the market causes a rightward shift in the market supply curve, but the individual supply curve may shift leftward. Justify the statement.
What does movement along the supply curve mean?
When does an expansion of supply occur?
What causes a shift of the supply curve?
What does a rightward shift in the supply curve represent?
Which factor will likely cause a decrease (left shift) in supply?
If input costs rise, what happens to the supply curve?
Which is NOT a factor causing a supply curve shift?
If producers expect prices to fall in the future, what is the likely result?
What happens to quantity supplied when the supply curve shifts left?
