The supply curve shifts to the right because of __________.

Improved technology

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Increased price of factors of production

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Increased excise duty

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All of the above

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Solution

The correct option is B Improved technology
Supply curve shift means increases in supply due to improvement in technology.

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Similar questions

The shift of the supply curve towards the left is a because of an increase in supply. State true or false.

Which of these factors can cause a shift in the supply curve?

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