Economy, asked by navedashlina1, 3 months ago

To increase in price of factors of production change in supply curve will show:

Answers

Answered by aushalashankar
0

Answer:

explanation

Explanation:

Prices of Factors of Production

An increase in factor prices should decrease the quantity suppliers will offer at any price, shifting the supply curve to the left. ... Such increases in production cost will cause them to produce a smaller quantity at each price, shifting the supply curve for coffee to the left.

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