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Supply Analysis — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsSupply Analysis1 Mark
MCQ
Other factors remaining constant, when less quantity is supplied only due to a fall in price, it shows ………………..
  • ✓
    contraction of supply
  • B
    decrease in supply
  • C
    expansion of supply
  • D
    increase in supply
✓

Answer

Correct option: A.
contraction of supply
contraction of supply

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