Which of the following matters may account for chang...
Which of the following matters may account for changes in supply?
I - Technological advances in an industry
II - Changes in labour costs
III - Changes in source of supply
IV - Changes in levels of taxation
I, II
I, III
II, III, IV
I, II, III, IV
Correct answer is D
A change in supply also known as shifts of the supply curve is determined by other factors affecting supply except price of the commodity when price is constant.
If an increase in the supply of beef increased the supply of hides, then beef and hides are in ...
Which of the following is NOT a reason for the absence of an industry in the rural areas? ...
Which of the following causes of inflation is related to demand-pull inflation? ...
A set of factors that can shift the supply curve are changes in ...
The major determinant of cross elasticity of demand is the ...
Which of the following is a major barrier to international trade? ...
For a non-discriminating monopolist in Nigeria, price at the profit maximizing output is ...
The effectiveness of devaluation as a solution to a balance of payments problem depends on the ...
Which of the following is NOT a function of marketing boards in Nigeria? ...