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    5. Which of the following leads to an outward shift in the supply curve

    Question

    Which of the following leads to an outward shift in the

    supply curve
    A Increase in price of competing product Correct Answer Incorrect Answer
    B Increase in factor prices Correct Answer Incorrect Answer
    C Improvement in technology Correct Answer Incorrect Answer
    D Decrease in price Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
      More Microeconomics Section Tests Questions
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