Determinants of supply · 1. Price of the Commodity · 2. Firm Goals · 3. Price of Inputs or Factors · 4. Technology · 5. Government Policy · 6. Expectations · 7. Prices ...

Supply of a commodity is affected by following factors: a) Price of factor Inputs: If factor input price increases, cost of production generally rises.

(i) the quantity of the commodity that a firm is willing to supply, (ii) the price at which it is willing to supply that quantity and (iii) the time period ...

1 Price of the commodity:- There is a direct relationship between price of a commodity and its quantity supplied.At higher price quantity supplied will be ...

6 Factors Affecting the Supply of a Commodity (Individual Supply) | Economics · 1. Price of the given Commodity: · 2. Prices of Other Goods: · 3. Prices of Factors ...

Factors Affecting Supply: · 1. Price of the Commodity: · 2. Seller's Expectations about the Future Price: · 3. Nature of Goods: · 4. Natural Conditions: · 5. Meaning of Supply · Supply and Stock Relationship

27 мая 2024 г. · Generally, the supply of a product depends on its price and other variables such as the cost of production.

Explain how the following factors affect the supply of a commodity : i State of technology.ii Price of factors of production.iii Goals of the firm.iv Future ...

Оценка 5,0 (2) The change in the price of inputs such as raw materials, wages, rent, or interest has an impact on the supply of a commodity as well as its demand. Cotton, for ...