rLeylmarjulia rLeylmarjulia

28-12-2016
Business

Answered

If the price of lemons increases, what happens to the supply for lemons as a result?

increase

remains the same

decrease

Verified Answer :

Anonymous Anonymous

28-12-2016

it will decrease because the price will be more expensive and there will be less supply for lemon as result.

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metchelle metchelle

29-12-2016

The correct answer for this based on the given scenario above would be the third option: DECREASES. f the price of lemons increases, the supply of for lemons as a result would DECREASE. This applies to the law of demand and supply. Hope this is the answer that you are looking for. Have a great day!

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