CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A rise in the cost of inputs of production will shift the supply curve to the right. State true or false.


A

True

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

False

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B

False


A rise in the cost of inputs of production will shift the supply curve to the left as the higher input costs correspond to a lower profit maximising quantity.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Supply Shifters
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon