Question

The supply of a commodity does not depend directly upon

Answer 1

The supply of a commodity does not depend directly upon the demand for the commodity.

Answer 2

Answer:

Supply of a commodity depends on various factors such as:

Explanation:

Price of the commodity : The most important determinant of the supply of a commodity is its own price largest quantity of commodity will be supplied at a higher price and small quantity will be supplied at a lower price.

Goals of the producers : The goal of the object of the forms of the determine the supply of a commodity.

Input prices : Input prices influencing the supply of a commodity is the prices of input of the factor used in the production such as raw material,labour and machinery etc.