Which of these is not a determinant of supply? Cost of production Technological advancement The price of the product itself Consumer tastes and preferences
Question
Solution 1
The option that is not a determinant of supply is "Consumer tastes and preferences". This factor is actually a determinant of demand, not supply. The determinants of supply are factors like cost of production, technological advancement, and the price of the product itself, which directly affect the Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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