Ask Question
17 May, 02:57

If a factor input is increased and all other factor inputs remain the same, what happens to the quantity supplied of this good at each and every price?

a. it remains the same

c. it increases

b. it decreases

d. none of the above

+4
Answers (1)
  1. 17 May, 03:55
    0
    The correct answer is letter b. it decreases. If a factor input is increased and all other factor inputs remain the same, the quantity of the supply of this good at each and every price i will decrease. The graph of demand and supply will shift to the left.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If a factor input is increased and all other factor inputs remain the same, what happens to the quantity supplied of this good at each and ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers