Economy, asked by rai636983, 5 months ago

if prices of factor production rise,the supply curve of the commodity shift to where​

Answers

Answered by Anonymous
2

Explanation:

If production costs increase, the supplier will face increasing costs for each quantity level. Holding all else the same, the supply curve would shift inward (to the left), reflecting the increased cost of production. The supplier will supply less at each quantity level.

Answered by gayatrip958
2

Answer:

If production costs increase, the supplier will face increasing costs for each quantity level. Holding all else the same, the supply curve would shift inward (to the left), reflecting the increased cost of production. The supplier will supply less at each quantity level.

Similar questions