Music, asked by Anonymous, 7 days ago

Explain the factors determining supply of a commodity

Answers

Answered by daisymahesh1987

0

Answer:

Price - One of the most important factor affecting the supply of a commodity is price. ... The supply of a product not only depends on its price but also price of other goods- The increase in price of the other good is more profiable the producer will shift production and increase the supply of that good.

Answered by pranjalkushwaha297

0

Answer:

Price - One of the most important factor affecting the supply of a commodity is price. ... The supply of a product not only depends on its price but also price of other goods- The increase in price of the other good is more profiable the producer will shift production and increase the supply of that good.

Explanation:

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