Explain the factor affecting supply of a commodity – InterviewSolution

1.	Explain the factor affecting supply of a commodity
Answer» As a result, seller reduces the supply of the commodity. On the other hand, DECREASE in prices of factors of production or inputs, increases the supply due to fall in cost of production and subsequent rise in profit margin. To make ice-cream, FIRMS need various inputs LIKE cream, SUGAR, machine, labour, etc. was it helpful PLZ comment...

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