English

What is meant by shift in supply curve? - Economic Applications

Advertisements
Advertisements

Question

What is meant by shift in 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 - QUESTION BANK [Page 74]

APPEARS IN

Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 3 Theory of Supply
QUESTION BANK | Q 10. | Page 74
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×