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If a farmer grows rice and wheat, how will a decrease in the price of wheat affect the supply curve of rice? - Economics

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Question

If a farmer grows rice and wheat, how will a decrease in the price of wheat affect the supply curve of rice?

One Line Answer

Solution

The supply curve of rice will shift to the right.

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Change in Supply (Or Shifts of Supply Curve)
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Chapter 4: Theory of Supply - QUESTION BANK [Page 101]

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Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 4 Theory of Supply
QUESTION BANK | Q 18. | Page 101
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