Advertisements
Advertisements
प्रश्न
What best describes contraction of supply?
विकल्प
Supply increases as price rises
Supply decreases due to lower price
Supply increases due to improved technology
Supply increases due to subsidies
MCQ
Advertisements
उत्तर
Supply decreases due to lower price
Explanation:
Contraction is movement down the same curve when price falls, leading to less supply.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
