Explain the effect of rise in …

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Explain the effect of rise in the input prices on the supply of a good

Posted by Alina Das 6 years, 8 months ago

CBSE > Class 11 > Economics

2 answers

Sakshi Sharma??️??️ 6 years, 8 months ago

Yogita Ingle can u please tell me that how u have have inserted the graph on this app??

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Yogita Ingle 6 years, 8 months ago

In case of fall in input price, Marginal Cost will decline. Accordingly, producer will supply more of the commodity at its existing price. This implies a forward shift in supply curve or increase in supply, at same level of price.

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