If there is technological progress in the production of a particular commodity, then it will cause:

Match LIST-I with LIST-II: LIST-I (Economic Concept) A. Supply B. Total Stock C. Movement along the supply curve D. Shift of the supply curve LIST-II (Characteristic / Definition) I. It occurs specifically due to a change in non-price determinants like input costs or technology. II. It reflects a response solely to a price change while the supply curve itself remains unchanged. III. It represents the total physical quantity of a commodity available, which may be held back from the market. IV. It is the specific quantity a producer is willing and able to offer for sale at a given price. Choose the correct answer from the options given below:

Consider the following statements regarding the determinants of Market Supply: Statement I: A change in the price of the good itself causes a movement along the supply curve, which is referred to as an extension or contraction of supply. Statement II: An increase in the corporate tax rate or the introduction of new environmental regulations would typically cause a rightward shift in the supply curve. Statement III: A decrease in the price of raw materials or an improvement in production efficiency will result in an increase in supply, represented by a rightward shift of the supply curve. Which of the statements given above are correct?