1.

An increase in theprice of Limca mayreduce the supplyof cake .

Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :<a href="https://interviewquestions.tuteehub.com/tag/true-713260" style="font-weight:bold;" target="_blank" title="Click to know more about TRUE">TRUE</a>:<a href="https://interviewquestions.tuteehub.com/tag/increase-1040383" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASE">INCREASE</a> in <a href="https://interviewquestions.tuteehub.com/tag/prices-1165311" style="font-weight:bold;" target="_blank" title="Click to know more about PRICES">PRICES</a> of Limca (other good of the sameproducer) will makeits productionmore profitable in comparison to Coke ( <a href="https://interviewquestions.tuteehub.com/tag/givencommodity-2674270" style="font-weight:bold;" target="_blank" title="Click to know more about GIVENCOMMODITY">GIVENCOMMODITY</a>). It will lead to fall in supply of coke as coke and limca are substitute goods.</body></html>


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