Question

When __________________, a firm will supply a higher quantity at any given price for its output, and the supply curve will shift to the right. prices rise equilibrium is achieved costs of production fall there is a population increase?

Answer 1

When the costs of production fall is the answer to the question above


Production cost alludes to the cost brought about by a business when fabricating a decent or giving an administration. Generation costs incorporate an assortment of costs including, however not restricted to, work, crude materials, consumable assembling supplies and general overhead.