1.

Which of the following does notcasue shift so supply curves of a good ? (Choose thecorrectalternative )

Answer»

PRICE ofinput
Price of thegood
Goodsand ServiceTax
SUBSIDY

Solution :when price of the good increases, it CAUSES an UPWARD movementalong the same supply curve and vice-versa. it does not shift the supply curve either to the LEFT or right.


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