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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
Give one reason for a rightward shift in supply curve.
✓

Answer

Reasons for a rightward shift of supply curve:
  1. Fall in prices of factor inputs.
  2. Improvement in technology.
  3. Reduction in excise duty etc.
  4. Decrease in prices of other goods.

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