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3 votes
Suppose that fertilizerfertilizer is necessary to produce wheatwheat. if the price of fertilizerfertilizer fallsfalls​, the supply curve of

asked
User Kfa
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7.4k points

1 Answer

7 votes

Answer: Shift to the right

Step-by-step explanation:

Fertilizers are an important input in wheat production. When the price of fertilizers fall, it leads to a decrease in cost of producing wheat. Thus, producers will supply more wheat in the market. As a result the supply curve for wheat will shift to the right leading to a fall in the price of wheat and an increase in the quantity of wheat sold in the market.

answered
User Peter Pompeii
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8.7k points
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