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MICROECONOMICS CH : 11 THEORY OF SUPPLY — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsMICROECONOMICS CH : 11 THEORY OF SUPPLY1 Mark
MCQ
Statement 1: Due to technological improvement, supply curve shifts to the right.
Statement 2: Due to rise in input prices, supply curve shifts to the left.
  • ✓
    Both the statements are true
  • B
    Both the statements are false
  • C
    Statement 1 is true and Statement 2 is false
  • D
    Statement 2 is true and Statement 1 is false
✓

Answer

Correct option: A.
Both the statements are true
A

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