Q
QuestionEconomics

Which of the following will cause the supply curve to shift to the left? A fall in input prices Higher product taxes Improved technology
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Step 1
I'll solve this economics problem step by step, focusing on supply curve shifts.

Step 2
: Understanding Supply Curve Shifts

A supply curve shifts when factors other than the product's price change. These factors are called "non-price determinants of supply".

Final Answer

Key Economic Concept: Supply curve shifts occur when production conditions change, independent of the product's price.

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