The price of one good produced by a multiproduct industry rises.For another good produced by that industry
A)the supply curve will shift to the left.
B)the supply curve will remain constant.
C)the supply curve will shift to the right.
D)the demand curve will shift to the right.

Question

Quizplus · Accepted Answer

When the price of one good rises, resources may be reallocated to produce more of that good, reducing the supply of other goods, shifting their supply curve to the left.

The Price of One Good Produced by a Multiproduct Industry