How does an increase in the price of an input affect the supply curve

1.	How does an increase in the price of an input affect the supply curve of a firm ?
Answer» <html><body><p></p>Solution :It will increase MC. Thus supply of the commodity will <a href="https://interviewquestions.tuteehub.com/tag/decrease-946104" style="font-weight:bold;" target="_blank" title="Click to know more about DECREASE">DECREASE</a> and the supply curve will <a href="https://interviewquestions.tuteehub.com/tag/shift-1205367" style="font-weight:bold;" target="_blank" title="Click to know more about SHIFT">SHIFT</a> <a href="https://interviewquestions.tuteehub.com/tag/leftwards-1071055" style="font-weight:bold;" target="_blank" title="Click to know more about LEFTWARDS">LEFTWARDS</a>.</body></html>

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