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A fall in price of wheat will shift the supply curve of rice towards left. |
Answer» <html><body><p></p>Solution :False. <a href="https://interviewquestions.tuteehub.com/tag/wheat-736282" style="font-weight:bold;" target="_blank" title="Click to know more about WHEAT">WHEAT</a> and <a href="https://interviewquestions.tuteehub.com/tag/rice-1188681" style="font-weight:bold;" target="_blank" title="Click to know more about RICE">RICE</a> are substitutes , so the <a href="https://interviewquestions.tuteehub.com/tag/supply-1235254" style="font-weight:bold;" target="_blank" title="Click to know more about SUPPLY">SUPPLY</a> curve of rice will <a href="https://interviewquestions.tuteehub.com/tag/shift-1205367" style="font-weight:bold;" target="_blank" title="Click to know more about SHIFT">SHIFT</a> towards <a href="https://interviewquestions.tuteehub.com/tag/right-1188951" style="font-weight:bold;" target="_blank" title="Click to know more about RIGHT">RIGHT</a> as rice will become more profitable after fall in the price of wheat.</body></html> | |