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If the cost of production is less than the supply will ______. - Economics

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Question

If the cost of production is less than the supply will ______.

Options

  • decrease

  • increase

  • be constant

  • be negative

MCQ
Fill in the Blanks
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Solution

If the cost of production is less than the supply will increase.

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Chapter 4: Theory of Supply - Exercise [Page 97]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 4 Theory of Supply
Exercise | Q 27. | Page 97
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