Question

Discuss in detail the factors affecting supply. (4/5 mar
Factors that affect supply can be classified under two
(1) Price of the good (product) and (2) Factors other tha
1) Price of the good (product):
→
Price is an important determinant of supply.
A producer sells goods for earning profit. In order to
he supplies more goods when the price of a product r
the price falls.
Thus, there is a positive relationship between price
supply.
:) Factors other than price:
1) Price of factors of production Cost of production
Change in cost of production affects its supply
kample:
When rent paid to the owner of land or wages p​

Answer 1

Answer:

I can't understand that question sorry'but I am Back with answer okay please wait a moment