10 The price of circuit boards used in the manufacturing of
10 The price of circuit boards used in the manufacturing of LCD televisions has increased. This will lead toLCD televisions. an increase in the supply of a decrease in the supply of an increase in the quantity supplied of a decrease in the quantity supplied of
Solution
Increase or decrease in price should decrease or increase the quantity supplied of that commodity
In this case price increase in inputs used of LCD should increase the quantity supplied of LCD television
