Answer to Question #165929 in Economics for Nse-Lee Bryan

Question #165929

How would the price of flour affect the market for cakes and pastries?


1
Expert's answer
2021-02-23T13:27:36-0500

As flour is an input for cakes and pastries, then any changes on price of flour will affect the supply of cakes and pastries, for example, the increase in price of flour will decrease the supply of cakes and pastries.


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