Contraction of supply is the result of :
A. decrease in the number of producers
B. decrease in the price of the good concerned
C. increase in the prices of other goods
D. decrease in the outlay of sellers
Answer:B
Contraction of supply is the result of :
A. decrease in the number of producers B. decrease in the price of the good concerned C. increase in the prices of other goods D. decrease in the outlay of sellers