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What eflect does an increase in input price has on the supply of the commodity? |
Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/supply-1235254" style="font-weight:bold;" target="_blank" title="Click to know more about SUPPLY">SUPPLY</a> will decrease. because it will be <a href="https://interviewquestions.tuteehub.com/tag/expensive-980264" style="font-weight:bold;" target="_blank" title="Click to know more about EXPENSIVE">EXPENSIVE</a> to produce that <a href="https://interviewquestions.tuteehub.com/tag/commodity-923558" style="font-weight:bold;" target="_blank" title="Click to know more about COMMODITY">COMMODITY</a>.</body></html> | |