explain the meaning of supply of goods. explain any four Factors that effect it.
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hey here's Ur answer...
Definition of 'supply' Under section 2(92) read with section 3 'supply' includes all forms of supply of goods and/or services such as sale, transfer, barter, exchange, licence, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business.
how it effects...
The cost of production rises due to several factors
such as loss of fertility of land
high wage rates of labor
increase in the prices of raw material
transport cost
tax rate.
hope it helps u!!!
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Definition of 'supply' Under section 2(92) read with section 3 'supply' includes all forms of supply of goods and/or services such as sale, transfer, barter, exchange, licence, rental, lease or disposal made or agreed to be made for a consideration by a person in the course or furtherance of business.
how it effects...
The cost of production rises due to several factors
such as loss of fertility of land
high wage rates of labor
increase in the prices of raw material
transport cost
tax rate.
hope it helps u!!!
mark as brainliest....
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