Question

If the cost of production decreases for Tesla’s cars, what effect will this have on consumers who want to buy one???

Answer 1

The consumers will pay more.

Step-by-step explanation:

Should the production cost increase, the price of Tesla cars is also likely to increase. Typically, producers are likely to pass the increased costs to the cars' final price. The market price for the cars will go up, meaning customers will pay more for the cars.