The supply curve of a given commodity is given to be S_(0). On the basis of this diagram, answer thefollowing questions: Movementform S_(0) to S_(1) is termed as :

The supply curve of a given commodity is given to be S_(0). On the bas

1.	The supply curve of a given commodity is given to be S_(0). On the basis of this diagram, answer thefollowing questions: Movementform S_(0) to S_(1) is termed as :
Answer» <html><body><p>Constractin in Supply <br/>Expansionis Supply <br/><a href="https://interviewquestions.tuteehub.com/tag/decrease-946104" style="font-weight:bold;" target="_blank" title="Click to know more about DECREASE">DECREASE</a> is supply <br/>Increase in supply </p>Solution :So to <a href="https://interviewquestions.tuteehub.com/tag/s1-628875" style="font-weight:bold;" target="_blank" title="Click to know more about S1">S1</a> shws a <a href="https://interviewquestions.tuteehub.com/tag/leftward-540742" style="font-weight:bold;" target="_blank" title="Click to know more about LEFTWARD">LEFTWARD</a> shift in the supply curve and that must have happened due to the decrease in supply.</body></html>