If the market supply of a commodity X changes due to improvements in technology, the market supply curve will ________. (Fill up the blank)

OR

If the market supply of a commodity X changes due to rise in price of a factor input, the market supply curve will ________. (Fill up the blank)

Average fixed cost curve ________. (Choose the correct alternative)

The average product curve in the input-output plane, will be __________. (Choose the correct alternative)

Identify and discuss the nature of the following newspaper reports in terms of positive or normative economic analysis :

(i) “India jumped 23 points in the World Bank’s ease of doing business index to 77th place, highest in 2 years.” – The Economic Times

(ii) “Government should further liberalize the business rules.” – The Economic Times

Distinguish between substitute goods and complementary goods, with examples.

OR

Distinguish between normal goods and inferior goods, with examples.