Advertisements
Advertisements
Question
What do you understand by shifts of the supply curve?
One Line Answer
Advertisements
Solution
When the supply changes due to change in any factor other than the own price of the commodity, it is called change in supply. Graphically, it is called shift of supply curve.
shaalaa.com
Is there an error in this question or solution?
Chapter 3: Theory of Supply - QUESTIONS [Page 72]
