+2 votes
in Class 12 by kratos

Write the Causes of Decrease in Supply :

1 Answer

+2 votes
by kratos
 
Best answer

(i) Obsolescence of technology

(ii) Increase in the prices of substitute

(ii) lncrease in factor prices

(iv) Increase in taxation or withdrawal of subsidy

(v) Decrease in the number of firms in the market

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