The improved methods of production which influence the supply of commodities in one word
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Factors Affecting Supply:
- Price of the Commodity:
- Price is the most important factor influencing the supply of a commodity. ...
- Seller's Expectations about the Future Price: ...
- Nature of Goods: ...
- Natural Conditions: ...
- Transport Conditions: ...
- Cost of Production: ...
- The State of Technology: ...
- Government's Policy:
Answered by
21
Answer:
- Price of the Commodity: Price is the most important factor influencing the supply of a commodity. ...
- Seller's Expectations about the Future Price: ...
- Nature of Goods: ...
- Natural Conditions: ...
- Transport Conditions: ...
- Cost of Production: ...
- The State of Technology: ...
- Government's Policy:
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