View the step-by-step solution to:


Other things remaining the same, if government regulators outlaw the use of a technology that enables the good to

be produced at a significantly lower cost, the supply of a particular commodity _____; and if the price of a commodity that is a substitute in production increases, the supply of a particular commodity _____.

a. increases; increases

b. increases; decreases

c. decreases; increases

d. decreases; decreases

Top Answer

Decreases, Increases When govt ban uses of technology, it would increase cost of production will... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question