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प्रश्न
When does 'shift' in supply curve take place?
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उत्तर
The supply curve shifts when there is a change in the quantity of good supplied, other than the own price of the good. An increase in supply will lead to a forward shift in the supply curve and a decrease in supply will lead to a backward shift in the supply curve.
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संबंधित प्रश्न
Explain the difference between "Shift of Supply Curve" and "Movement along Supply Curve". State one factor responsible for each. Use diagrams.
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
Fill in the blank.
If the market supply of a commodity X changes due to improvement in technology, the market supply curve will ___________.
Fill in the blank.
If the market supply of a commodity X changes due to a rise in the price of factor input, the market supply curve will ____________.
Which one of the following will cause a rise in the equilibrium price of rice when the demand for rice remains the same?
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?
What best describes contraction of 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?
