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The supply curve of good shifts to the right when the price of other goods ______. -

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Question

The supply curve of good shifts to the right when the price of other goods ______.

Options

  • Remains constant

  • Rise

  • Fall

  • None of the above

MCQ
Fill in the Blanks

Solution

Fall

Explanation:

When the price of other items falls, the supply curve of a good shifts to the right. In this instance, producing a given commodity becomes more profitable, and hence its supply increases.

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