which of the following would cause a decrease in the supply of pork?\na. a decrease in the price of…
which of the following would cause a decrease in the supply of pork?\na. a decrease in the price of pork.\nb. a decrease in the number of buyers in the market\nc. an increase in the price of inputs to pork production\nd. a decrease in taxes.
Answer
Brief Explanations:
Supply is affected by factors like input - prices. An increase in input prices raises production costs, reducing producers' willingness to supply at each price level. A decrease in pork price affects quantity - supplied (movement along the supply curve), not supply. A decrease in the number of buyers affects demand. A decrease in taxes usually increases supply as it reduces costs for producers.
Answer:
C. An increase in the price of inputs to pork production