Which types of commodities are an exception to the law of supply?
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Answer:
Some exceptions to law of supply are given below: Change in business.
- Change in business.
- Monopoly.
- Competition.
- Perishable Goods.
- Legislation Restricting Quantity.
- Agricultural Products.
- Artistic and Auction Goods.
- Out of fashion goods.
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Answer:
Some exceptions to law of supply are given below: Change in business. Monopoly.
...
Change in business. ...
Monopoly. ...
Competition. ...
Perishable Goods. ...
Legislation Restricting Quantity. ...
Agricultural Products. ...
Artistic and Auction Goods. ...
Out of fashion goods.
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