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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
If supply curve shifts towards right, it means that there is:
  1. A decrease in supply.
  2. An increase in quantity supplied.
  3. Increase in supply.
  4. Decrease in quantity supplied.
✓

Answer

  1. Increase in supply.

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