Economics · Demand and Supply
Which of the following can cause a leftward shift in the supply curve of a given good?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fall in taxes and cost of production
- 2Advancement and improvement in technology used in production
- 3Technological degradation or complexity in technology✓
- 4Decrease in the price of other goods
Correct answer
Technological degradation or complexity in technology
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