If productivity of a commodity improves due to technological upgradation, then equilibrium price tend to increase.

If productivity of a commodity improves due to technological upgradati

1.	If productivity of a commodity improves due to technological upgradation, then equilibrium price tend to increase.
Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/improvement-1039016" style="font-weight:bold;" target="_blank" title="Click to know more about IMPROVEMENT">IMPROVEMENT</a> in <a href="https://interviewquestions.tuteehub.com/tag/productivity-1168351" style="font-weight:bold;" target="_blank" title="Click to know more about PRODUCTIVITY">PRODUCTIVITY</a> will <a href="https://interviewquestions.tuteehub.com/tag/increase-1040383" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASE">INCREASE</a> the supply of the <a href="https://interviewquestions.tuteehub.com/tag/commodity-923558" style="font-weight:bold;" target="_blank" title="Click to know more about COMMODITY">COMMODITY</a>, which will <a href="https://interviewquestions.tuteehub.com/tag/reduce-1181332" style="font-weight:bold;" target="_blank" title="Click to know more about REDUCE">REDUCE</a> the equilibriurm price.</body></html>