Anil123 Anil123
  • 16-03-2019
  • Business
contestada

Whwn dows a producer decreases the price of product?

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stefanymartinez stefanymartinez
  • 16-03-2019

Factors that can cause a decrease in supply include higher production costs, producer expectations and events that disrupt supply. Higher production costs make supplying a product less profitable, resulting in firms being less willing to supply the good.

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