84,433 views
29 votes
29 votes
How would the Supply of cars change, given an increase in the price of steel.

User Feuda
by
2.5k points

1 Answer

16 votes
16 votes

Answer:

car production would decrease or slow down rapidly due to most car parts being made of steel, such as steering and suspension parts

User Zeljko Dakic
by
2.7k points