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