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The theory of the firm under perfect competition — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsThe theory of the firm under perfect competition1 Mark
Question
Name three factors that can shift supply curve.
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Answer

Three factors that can shift supply curve are as follows:
  1. Change in technology.
  2. Change in the price of related goods.
  3. Change in the price of factors of production.

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