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If Government of India bans the production of plastic bags, how will the supply curve be affected?

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Question

If Government of India bans the production of plastic bags, how will the supply curve be affected?

Options

  • The supply curve would shift to the right.

  • The supply curve would shift to the left.

  • The supply curve would not shift in any direction.

  • The supply would become vertical.

MCQ
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Solution

The supply would become vertical.

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Chapter 3: Theory of Supply - QUESTIONS [Page 71]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTIONS | Q 50. | Page 71
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