Home
Class 11
ECONOMICS
The supply curve of a given commodity is...

The supply curve of a given commodity is given to be `S_(0)`. On the basis of this diagram, answer the following questions:

Movement form `S_(0)` to `S_(1)` is termed as :

A

Constractin in Supply

B

Expansion is Supply

C

Decrease is supply

D

Increase in supply

Text Solution

Verified by Experts

The correct Answer is:
C

So to S1 shws a leftward shift in the supply curve and that must have happened due to the decrease in supply.
Promotional Banner

Topper's Solved these Questions

  • SUPPLY

    SANDEEP GARG|Exercise VERY SHORT ANSWER TYPE QUESTIONS|37 Videos
  • SUPPLY

    SANDEEP GARG|Exercise SHORT ANSWER TYPE QUESTIONS|31 Videos
  • SUPPLY

    SANDEEP GARG|Exercise GUIDELINES|13 Videos
  • REVENUE

    SANDEEP GARG|Exercise UNSOLVED PRACTICALS|21 Videos

Similar Questions

Explore conceptually related problems

Study the diagram given below and answer the following questions.

In the given curve, name the point(s) On the boundary of the curve

If sum of n terms of a sequence is S_n then its nth term t_n=S_n-S_(n-1) . This relation is valid for all ngt-1 provided S_0= 0. But if S_1=0 , then the relation is valid only for nge2 and in hat cast t_1 can be obtained by the relation t_1=S_1. Also if nth term of a sequence t_1=S_n-S_(n-1) then sum of n term of the sequence can be obtained by putting n=1,2,3,.n and adding them. Thus sum_(n=1)^n t_n=S_n-S_0. if S_0=0, then sum_(n=1)^n t_n=S_n. On the basis of above information answer the following questions: If the sum of n terms of a sequence is 10n^2+7n then the sequence is (A) an A.P. having common difference 20 (B) an A.P. having common difference 7 (C) an A.P. having common difference 27 (D) not an A.P.

If sum of n termsof a sequende is S_n then its nth term t_n=S_n-S_(n-1) . This relation is vale for all ngt-1 provided S_0= 0. But if S_!=0 , then the relation is valid ony for nge2 and in hat cast t_1 can be obtained by the relation t_1=S_1. Also if nth term of a sequence t_1=S_n-S_(n-1) then sum of n term of the sequence can be obtained by putting n=1,2,3,.n and adding them. Thus sum_(n=1)^n t_n=S_n-S_0. if S_0=0, then sum_(n=1)^n t_n=S_n. On the basis of above information answer thefollowing questions:If nth term of a sequence is n/(1+n^2+n^4) then the sum of its first n terms is (A) (n^2+n)/(1+n+n^2) (B) (n^2-n)/(1+n+n^2) (C) (n^2+n)/(1-n+n^2) (D) (n^2+n)/(2(1+n+n^2)

SANDEEP GARG-SUPPLY -MULTIPLE CHOICE QUESTIONS (MCQs)
  1. Which of the following statement is not vaild with repect to 'Law ...

    Text Solution

    |

  2. Supply is said to be unitary elastic, when :

    Text Solution

    |

  3. Due to installation of machine with lastest technology, the cost of ...

    Text Solution

    |

  4. The market supply of a commodity is affected by:

    Text Solution

    |

  5. In case of less elastic supply, supply curve:

    Text Solution

    |

  6. "Increase in Supply" of a product is caused by:

    Text Solution

    |

  7. The supply curve of a given commodity is given to be S(0). On the basi...

    Text Solution

    |

  8. The supply curve of a given commodity is given to be S(0). On the basi...

    Text Solution

    |

  9. The supply curve of a given commodity is given to be S(0). On the basi...

    Text Solution

    |

  10. If quantity supplied increases by 60 % due to a 50% increase in price,...

    Text Solution

    |

  11. The supply function of a product X is given as: Sx 6Px+3, where Px sta...

    Text Solution

    |

  12. The supply function of a product X is given as: Sx 6Px+3, where Px sta...

    Text Solution

    |

  13. The supply function of a product X is given as: Sx 6Px +3, where Px st...

    Text Solution

    |

  14. which of the following diagram correctly depicts the situation of ...

    Text Solution

    |

  15. Expansion in Supply is shown in :

    Text Solution

    |

  16. The given diagram is a case of …………….. Supply

    Text Solution

    |

  17. The following supply curves shits from SS to S(1)S(1) due to:

    Text Solution

    |

  18. Degradation o technology will have the following effect on the su...

    Text Solution

    |

  19. Which of the following measure of prices elasticity shows elastic ...

    Text Solution

    |

  20. Which of the following does not casue shift so supply curves of a goo...

    Text Solution

    |