it falls
Supply will increase.
Increase in selling price reduces the breakeven point because due to increase in price contribution margin ratio also increases.
Then the price will increase.
An Economic Expansion
it falls
Supply will increase.
Increase in selling price reduces the breakeven point because due to increase in price contribution margin ratio also increases.
Then the price will increase.
An Economic Expansion
Equilibrium price increases
Prices increase due to the increase in production costs.
The price goes down.
So the supply also increase's.
An increase in price occures, and quantity will remain unchanged.
The price for the good increases
If demand decreases and supply is constant, the price will increase.