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2.4.4 Conditions of supply

Unit 2.4.4 - Conditions of supply This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the conditions of supply, i.e., the causes of shifts in a supply curve with appropriate terminology, for example increase and decrease in supply.Although economic theory assumes that the price of a product is the main determinant of supply, there are other factors that can influence the amount...

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