Mr. Kameth is a textile mill owner. He is facing challenges in product – InterviewSolution

1.

Mr. Kameth is a textile mill owner. He is facing challenges in production and marketing screnario. The situations he faced are given in column A and corresponding outcomes in marginal cost and supply of output are given in column B and C. Match A with B and C. ASituations BMC Curve CSupply Curvea. Technical ProcessShifts rightShifts rightb. Increase tax per unitShifts leftShifts leftc. Increase input priceShifts leftShifts left

Answer»

A Situations	B MC Curve	C Supply Curve
a. Technical Process	Shifts right	Shifts left
b. Increase tax per unit	Shifts left	Shifts right
c. Increase input price	Shifts right	Shifts left

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