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What is ‘decrease’ in supply? - Economics

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Questions

What is ‘decrease’ in supply?

What is meant by decrease in supply?

Very Short Answer
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Solution

Decrease in supply refers to a fall in the supply of a commodity caused by any factor other than the own price of the commodity.

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Chapter 5: Supply - Law of Supply and Price Elasticity of Supply - TEST YOURSELF QUESTIONS [Page 97]

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Frank Economics [English] Class 12 ISC
Chapter 5 Supply - Law of Supply and Price Elasticity of Supply
TEST YOURSELF QUESTIONS | Q 23. | Page 97
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Chapter 3 Theory of Supply
QUESTION BANK | Q 16. | Page 75
R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 6 Supply and Law of Supply
TEST QUESTIONS | Q A. 13. | Page 6.17
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