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Exceptions to the law of supply: Constant cost of production Constant technique of production Does not apply to agricultural goods No change in weather conditions - Economics

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Question

Exceptions to the law of supply:

  1. Constant cost of production
  2. Constant technique of production
  3. Does not apply to agricultural goods
  4. No change in weather conditions

Options

  • a, b, c, d

  • a, b, c

  • only c 

  • a, b

MCQ

Solution

only c

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Chapter 4: Supply Analysis - Choose the correct option

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SCERT Maharashtra Economics [English] 12 Standard HSC
Chapter 4 Supply Analysis
Choose the correct option | Q 2
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