Question

In which direction the supply curve of a firm shifts due to rise in the cost of
inputs ?
(A)
leftwards
(B)
rightwards
(C)
downwards
(D)
only (A) and (B)​

Answer 1

Answer:

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Answer 2

Answer:

leftwards

Due to rise in the cost of inputs, producers will supply less causing backward shift in the supply curve i.e in left direction