If a factor input is increased and all other factor inputs remain the same, what happens to the quantity supplied of this good a

Question

makvit [3.9K]

3 years ago

9

If a factor input is increased and all other factor inputs remain the same, what happens to the quantity supplied of this good a

t each and every price?
a. it remains the same
c. it increases
b. it decreases
d. none of the above

Business

1 answer:

Dafna1 [17] · Answer 1 · 2022-06-03T04:12:05+03:00

The correct answer is letter <span>b. it decreases. </span><span>If a factor input is increased and all other factor inputs remain the same, the quantity of the supply of this good at each and every price i will decrease. The graph of demand and supply will shift to the left.</span>