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What is meant by contraction of supply? - Economics

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प्रश्न

What is meant by contraction of supply?

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उत्तर

When a fall in the own price of a commodity leads to a decrease in the quantity supplied of a commodity, it is called contraction of supply.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Theory of Supply - QUESTION BANK [पृष्ठ ७५]

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गोयल ब्रदर्स प्रकाशन Economic Applications [English] Class 10 ICSE
पाठ 3 Theory of Supply
QUESTION BANK | Q 12. | पृष्ठ ७५
आर. के. लेखी आणि पी. के. धर Economics [English] Class 12 ISC
पाठ 6 Supply and Law of Supply
TEST QUESTIONS | Q A. 10. | पृष्ठ ६.१७
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