मराठी

Explain the Factor Input Prices that Can Cause a Change in Supply. - Economics

Advertisements
Advertisements

प्रश्न

Explain the factor Input prices that can cause a change in supply.

उत्तर

Factor the input price which affects supply: Price of raw material and other factors of production: If the price of raw material or other factors of production increases, then this implies an increase in the cost of production. Accordingly, the firms would be willing to supply more quantity of the commodity at the existing price.

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2016-2017 (March) All India Set 1

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×