a
An improvement in innovation and technology.
b
An increase in the price of the commodity
c
A reduction in the cost of raw materials.
d
A favourable weather condition.
Explanation
Correct Option
bVideo Explanation
No video available
Post your Contribution
Share:
Discussions (4)
SirClassic
3 years ago
Option "C" is incorrect.
A change in price of a product/commodity CANNOT cause a "change in market supply" [i.e, shift in supply].
Thus, option "B" is correct!
Date: 05-02-23 [12:23am]
