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Model Paper 5 — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsModel Paper 51 Mark
MCQ
In case of increase in supply, we move:
  • A
    from upper point to lower point of the supply curve
  • B
    from lower point to upper point of the supply curve
  • ✓
    to right on another supply curve
  • D
    to left on another supply curve
✓

Answer

Correct option: C.
to right on another supply curve
(c) to right on another supply curve
Explanation: Increase in supply refers to a situation when more is supplied at the existing price of the commodity. It leads to a forward shift in the supply curve.

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