Economy, asked by suraj7486, 11 months ago

outdated technology explanation related to the leftward shift ofsupply curve​

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Answered by queensp73
1

Answer:

The rightward shift occurs in supply curve when the quantity of supplied commodity increases at same price due to favorable changes in non-price factors of production of the commodity. Similarly, a leftward shift occurs when the quantity of supplied commodity decreases at the same price

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