Gujarat BoardEnglish MediumSTD 11 CommerceEconomicsSupply2 Marks
Question
What are the determinants of supply ?
✓
Answer
The determinants of supply are…
$(1)$ Price of Goods
$(2)$ Price of inputs
$(3)$ Level of technology
$(4)$ Rumours about future price.
$(5)$ Number of firms
$(6)$ Natural determinants.
$(7)$ Economics policy of the government
$(8)$ Political stability.
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