What are the determinant of supply explain in details?
Answers
Answered by
1
Answer:
When price changes, quantity suppliedwill change. That is a movement along the same supply curve. When factors other than price changes, supply curve will shift. Here are some determinantsof the supply curve. ... Factors affecting production cost are: input prices, wage rate, government regulation and taxes, etc.
Similar questions
Math,
5 months ago
Accountancy,
5 months ago
Computer Science,
5 months ago
Math,
9 months ago
Hindi,
11 months ago
Chemistry,
11 months ago
Science,
11 months ago