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Discuss four factors which determine this phenomenon. - Economics

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प्रश्न

Discuss four factors which determine this phenomenon.

संक्षेप में उत्तर

उत्तर

An increase in supply may occur due to the following factors:

  1. Improvements in technology leading to a fall in the cost of production.
  2. Reduction in factor prices, causing a fall in cost of production and making production profitable.
  3. Decrease in the prices of other goods.
  4. Increase in number of firms in the industry.
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Change in Supply (Or Shifts of Supply Curve)
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 4: Theory of Supply - QUESTION BANK [पृष्ठ १०३]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 4 Theory of Supply
QUESTION BANK | Q 36. (ii) | पृष्ठ १०३
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