Multiple Choice Questions on The market supply of a commodity is affected by ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

The market supply of a commodity is affected by ........

Economics (CUET) Theory of firm under perfect Competition
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    The market supply of a commodity is affected by:

     

    State of technology
     

    Incorrect Answer

    Number of firms

     

    Incorrect Answer

    Government policy

     

    Incorrect Answer

    All of the above

    Correct Answer
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    Explanation:

    Option (4) is correct.
    Explanation: The market supply of a commodity is affected by the different factors like state of technology, number of firms, government policy etc.

     

    By: Parvesh Mehta
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