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 KCSE business studies paper 1 revision questions and answers Set 2

Below is a demand and supply curve
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Highlight the factors that may have caused the supply curve to shift rightward direction.

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Answer Text:
-Reduction in the cost of production
-Improvement in the state of technology
-Decrease in prices of other commodities
-Favourable government policies like reduction of taxes
-Conducive climatic conditions
-Expected future decrease of the price of the commodity


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