Which of the following will not cause an increase in the equilibrium price?
A)a shortage of labour
B)an invention that makes capital more productive
C)a fall in the price of a complement
D)an increase in the price of a substitute

Question

Quizplus · Accepted Answer

An invention that makes capital more productive typically leads to increased efficiency and potentially lower production costs, which does not inherently cause an increase in the equilibrium price.

Which of the Following Will Not Cause an Increase in the Equilibrium