Download App

The theory of the firm under perfect competition — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsThe theory of the firm under perfect competition1 Mark
Question
What is meant by 'increase' in supply?
✓

Answer

‘Increase’ in supply means rise in supply of a good caused by any factor other than the own price of the good.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer The Following Questions In One Sentence.[1 Marks Each]" from The theory of the firm under perfect competition→The theory of the firm under perfect competition — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

What is the meaning of the central problem ‘how to produce'?
→
Give one reason for an “increase” in supply of a commodity.
→
State any two sources of non-tax revenue receipts.
→
Draw AVC, ATC and MC curves in a single diagram.
→
In which market form, is the product unique?
→
Give the meaning of ex-ante savings.
→
State the two conditions of producer's equilibrium under perfect competition? Or What are the conditions of profit maximisation for a competitive firm?
→
What is a market economy?
→
Will the following items be included or not in National Income of India? Give reason for your answer.
A worker permanently employed in a factory abroad sends money worth ₹ 50,000 to his family.
→
Give one/ two examples of microeconomics study.###Name any three variables of microeconomics.
→