Which of the following is true regarding supply of a commodity? (A) Technological progress leads to a decrease in the supply of a commodity. (B) When…
CUET UG 2025 — Economics Micro
Which of the following is true regarding supply of a commodity?
(A) Technological progress leads to a decrease in the supply of a commodity.
(B) When the price of inputs rises, the supply curve of the good shifts to the left.
(C) Technological progress shifts the supply curve of the firm to the right.
(D) Imposition of a unit tax on a firm shifts the supply curve of the goods produced by the firm to the left.
Choose the correct answer from the options given below:
Held on 16 May 2025 · Verified 13 Jul 2026.
Options
- A
(A), (B) and (D) only
- B
(A), (B) and (C) only
- C
(A), (B), (C) and (D)
- D
(B), (C) and (D) only
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