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What will be the effect on …

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What will be the effect on the equilibrium price and quantity of a commodity if the price of the inputs decrease
  • 3 answers

Vaidehi Saraf 7 years, 11 months ago

When price of input decreases supply will become greater than demand

Karishma Kandoi 7 years, 11 months ago

price on input decrease lead to increase in supply of market . consecuently equilibruium price decrease and quantity increases .

Divya S 7 years, 11 months ago

Both of them will increase.....may b because price falls demand increases and therefore demand curve will shift rightwards ....exess suppy
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