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All the following are factors that would bring about a ch...

All the following are factors that would bring about a change in supply except

A.

Level of technology

B.

Government policy

C.

Entry of new firms

D.

Price of the commodity

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Correct answer is C

Factors Affecting the Supply of a Commodity

i. Price of the given Commodity
ii. Cost of Production:
iii. Natural Conditions
iv. State of Technology
v. Transport Conditions
vi. Factor Prices and their Availability
vii. Government's Policies
viii. Prices of Related Goods

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