Write the Factors Affecting the Supply: – InterviewSolution

1.

Write the Factors Affecting the Supply:

Answer»

(i) The price of the commodity

(ii) Price of related goods

(iii) Price of factor inputs

(iv) Goal of the firm

(v) Technical know-how

(vi) Expected change in Price

(vii)Number of firms in the industry

(viii) Government policies.

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