The supply curve of a given commodity is given to be S_(0). On the basis of this diagram, answer thefollowing questions: Movement from S_(0) to S_(2) is caused by :

The supply curve of a given commodity is given to be S_(0). On the bas

1.	The supply curve of a given commodity is given to be S_(0). On the basis of this diagram, answer thefollowing questions: Movement from S_(0) to S_(2) is caused by :
Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/increase-1040383" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASE">INCREASE</a> inpriceof givenproduct <br/> Increase in thepriceof theinputs <br/>TechnologicalUpgradation <br/><a href="https://interviewquestions.tuteehub.com/tag/decrease-946104" style="font-weight:bold;" target="_blank" title="Click to know more about DECREASE">DECREASE</a> inpriceof given product</p>Solution :Movement from S0 to <a href="https://interviewquestions.tuteehub.com/tag/s1-628875" style="font-weight:bold;" target="_blank" title="Click to know more about S1">S1</a> <a href="https://interviewquestions.tuteehub.com/tag/shows-1206590" style="font-weight:bold;" target="_blank" title="Click to know more about SHOWS">SHOWS</a> the rightward shift in <a href="https://interviewquestions.tuteehub.com/tag/supply-1235254" style="font-weight:bold;" target="_blank" title="Click to know more about SUPPLY">SUPPLY</a> curve, so there must have been increase in supply and that can happen when there is an tenchnological upgradation.</body></html>