Give the cause of increase in supply.
Answers
Answered by
6
Hey mate....
here's the answer....
Give the cause of increase in supply....
1) If there is any increase in the price of other good then supply of given good will fall .
2) Most of the times technology upgradation decreases cost of production and increase the supply of good.
Hope it helps you ❤️
Answered by
19
Heya ___
Increase in supply is the situation when the own price of the commodity remains same and the other determinants affecting supply changed...
So.. causes of increase in supply are ___
• Improvement in production technologies...
• Reduction in input costs of production...
• Producer wants to clear it's stock...
• Demand increased...
• Reduction in selling taxes...
Thank you
bajrangDeep:
hii
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