The supply curve of a locally-produced good may shift to ...
The supply curve of a locally-produced good may shift to the right if
There is an increase in taxes on inputs
Government increases subsidies
Rural-urban migration is encouraged
The price of the commodity increases
Correct answer is D
One of the law of supply is, as price increases , the quantity demanded also increase due to the positive relationship. Therefore, an increase in price will shift the supply curve to the right.
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If the price per unit is N2, what is the average revenue when 6 men are employed? ...
One of the factors which is likely to check the growth of public debt is ...
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A firm's compulsory cost whether it is in production or not, is referred to as its ...
The demand for two or more commodities to satisfy a particular want is _____? ...