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What will be the effect of increase in price of factor inputs on the equilibrium price and equilibrium quantity ? |
Answer» <html><body><p>Equilibrium price will rise and equilibrium <a href="https://interviewquestions.tuteehub.com/tag/quantity-1174212" style="font-weight:bold;" target="_blank" title="Click to know more about QUANTITY">QUANTITY</a> will <a href="https://interviewquestions.tuteehub.com/tag/fall-983217" style="font-weight:bold;" target="_blank" title="Click to know more about FALL">FALL</a><br/>Both equilibrium price and quantity will fall<br/>Equilibrium price will fall and equilibrium quantity will rise<br/>Both equilibirum price and quantity will <a href="https://interviewquestions.tuteehub.com/tag/remain-1184279" style="font-weight:bold;" target="_blank" title="Click to know more about REMAIN">REMAIN</a> same</p>Answer :(a)</body></html> | |