Economy, asked by chettriankita456, 6 months ago

A farmer grows rice and wheat .how will an increase in the price of rice affect the supply of wheat​

Answers

Answered by Bhageeradh
1

Answer:

If a farmer grows rice and wheat, how will an increase in price of wheat affect supply curve of rice? The supply curve of rice will shift leftward. (Because producers will reduce supply of rice and instead increase production of more profitable wheat.)

Explanation:

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