Business, 05.09.2019 18:30 dondre54

Antonio is skilled at making both earrings and bracelets. antonio has no preference between making earrings or bracelets since he earns the same amount from the two activities. if the selling price of bracelets decreases from $40 to $20, then antonio's opportunity cost of making earrings and making earrings is now profitable than making bracelets.
suppose that the earrings market consists of several suppliers like antonio who are skilled at making both earrings and bracelets. which of the following is likely to happen to the supply curve of earrings when the price of a bracelets decreases?
a. it shifts to the right
b. it shifts to the left
c. it does not change

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