The Love Expert
New member
The price of fuel is expected to increase therefore car manufactures will (decrease) the supply of fuel efficient cars and (increase) the supply of less fuel-efficient cars.
The brackets indicate my answer. This is a fill in the blanks question.
If a producer improves the technology involved in making a product they become more efficient. The producer can then produce more at the same cost thereby (increasing) the supply. Can someone explain to me why this is? I don't quite get it.
The brackets indicate my answer. This is a fill in the blanks question.
If a producer improves the technology involved in making a product they become more efficient. The producer can then produce more at the same cost thereby (increasing) the supply. Can someone explain to me why this is? I don't quite get it.