A. weather, price and technology
B. technology, weather and population
C. technology, price and taste
D. population, price and taste
Correct Answer:
Option A – weather, price and technology
Explanation
A change in supply curve may be caused by changes in the costs of production, improvements in technology, taxes, subsidies, weather conditions, health of livestock and crops, price of other products, disasters, wars, discoveries of new sources, and depletion.
Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…
Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…
Do you want to study Cooperative and Business Management in OOU? Before you apply for…
Do you want to study Home and Hotel Management in OOU? Before you apply for…
Do you want to study Animal Production in OOU? Before you apply for the OOU…
Do you want to study Crop Production in OOU? Before you apply for the OOU…