How agricultural goods are exception to law of supply?
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Heya.....
Agricultural goods are the exception of law of supply
because.....
The law of supply doesn't apply strictly on agricultural goods, as it is governed by natural factors..If due to natural calamities , there is a fall of production of wheat , then it's supply will not increase , no matter what price is...
Hope u get it .... :)
Agricultural goods are the exception of law of supply
because.....
The law of supply doesn't apply strictly on agricultural goods, as it is governed by natural factors..If due to natural calamities , there is a fall of production of wheat , then it's supply will not increase , no matter what price is...
Hope u get it .... :)
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