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Question Practice

What is the impact of technological advancements on a firm's supply curve?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
The Theory Of The Firm Under P...
Question Bank

What is the impact of technolo...

Single Answer MCQ
Q-00089542

What is the impact of technological advancements on a firm's supply curve?

1

It decreases supply

2

It increases marginal costs

3

It shifts the supply curve to the right

4

It makes no difference

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