93.5k views
5 votes
An increase in the price of ink will shift the supply curve for pens to the left.

a. true
b. false

User Mononym
by
6.2k points

1 Answer

3 votes
True.

The increase in the price of ink will increase the cost of production for pen makers, and as a result, they will produce less to lessen costs.
User Jmbmage
by
6.5k points