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The theory of the firm under perfect competition — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsThe theory of the firm under perfect competition1 Mark
MCQ
Consider the following supply schedule.
S. No.
Price $(₹$ per unit$)$
Quantity Supplied $($in units$)$
$i.$ $10$ $200$
$ii.$ $10$ $100$
It is called:
  • ✓
    Decrease in supply.
  • B
    Decrease in quantity supplied.
  • C
    Decrease in demand.
  • D
    All of the above.
✓

Answer

Correct option: A.
Decrease in supply.

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