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Taya2010 [7]
3 years ago
15

If the cost of production of Hula Hoops increases, what happens to the supply curve?

Business
1 answer:
Alex3 years ago
4 0

Answer:

Left shift

Explanation:

In simple words, If manufacturing costs rise, the distributor's expenses for each output threshold will rise as well. The supply curve must shift inwards that is to the left) if everything else remained constant, indicating the higher cost of manufacturing. At each quantity level, the provider will supply less.

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