CBSE › Class 7 › Social Science › Understanding Markets (Class 7 NCERT New)
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1. besides price, supply can shift due to factors that are known as --

2. Identify the correct determinant of supply:Example: If the cost of electricity used to power an automotive factories falls, the supply of cars in the market increases

3. Identify the correct determinant of supply in this scenario.When an automobile manufacturer implemented the use of robotics on the production line, automobiles were produced at a faster rate and at a lower cost per unit. This allowed the industry to supply more cars.

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