A. Weather
B. Technology
C. Consumer tastes
D. Availability of inputs
Correct Answer:
Option B – Technology
Explanation
The following are Some of the factors that influence the supply of a product
i. Price
ii. Cost of Production
iii. Natural Conditions
iv. Technology
v. Transport Conditions
vi. Factor Prices and their Availability
vii. Government’s Policies
viii. Prices of Related Goods
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…