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Supply Analysis — Economics STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsEconomicsSupply Analysis4 Marks
Question
Due to speedy transport supply falls.
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Answer

No, I do not agree with this statement.
  • Transport facilities are one of the important determinants of supply.
  • Modern speedy transport facilities in widening r the market.
  • It increases the mobility of goods and helps in creating place utility for goods and services.
  • Speedy transport helps in domestic as well; as international trade of goods and services.
  • Thus, the above statement is false.

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