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Expansion of supply : Price rises :: Contraction of supply : _______ - Economics

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Expansion of supply : Price rises :: Contraction of supply : _______

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Solution

Expansion of supply : Price rises :: Contraction of supply : Price falls

Concept: Exceptions to the Law of Supply
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Balbharati Economics 12th Standard HSC Maharashtra State Board
Chapter 4 Supply Analysis
Exercise | Q 2. (1) | Page 45
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