Change in the Cost of Productive Resources (INPUT COST) 2. If the cost of electricity used to power an automotive factory falls, the supply of cars in the market increa
What happens to supply of cars: increasis
What happens to equilibrium price of cars:
What happens to equilibrium quantity of cars:
3. If the price of peanuts rises, then the cost of making peanut butter will increase causing the supply of
butter to decrease.