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Question Practice

If the price of inputs increases, how does it generally affect the supply curve of a firm?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
The Theory Of The Firm Under P...
Question Bank

If the price of inputs increas...

Single Answer MCQ
Q-00089522

If the price of inputs increases, how does it generally affect the supply curve of a firm?

1

It shifts the supply curve to the right

2

It shifts the supply curve to the left

3

The supply curve remains unchanged

4

It alters only the demand curve

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