If There Is a Change in Supply of One Factor

question 62

Multiple Choice

If there is a change in supply of one factor of production,how will this affect the marginal productivities and prices of other factors

• A)It will not change either the marginal productivities or the prices of other factors.
• B)It will not change the prices of other factors, but it may change their marginal productivities.
• C)It will not change the marginal productivities of other factors, but it may change their prices.
• D)It changes both the marginal productivities and the prices of other factors.

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Definitions:

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