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Explain five factors that could affect the quantities of cabbages supplied in a market

      

Explain five factors that could affect the quantities of cabbages supplied in a
market

  

Answers


Davis
i) Technology- modern methods may increase the production of
cabbages/ poor
methods may decrease the production of cabbage.
ii) Price of cabbages- The higher the price more is supplied.
Supplied, the lower the price the lower is supplied.
iii) Government policy- favourable, unfavourable policies favourable
policies may increases the supply of cabbages/unfavourable government policies may decrease the
supply of related product decreases the supply of cabbages
iv) Price of other/related commodities/related commodities
affect the supply-if prices of related products increases the
supply of cabbages may decrease/ if prices of related product
decreases the supply of cabbage may increase.
v) Natural factors/seasonal/climatic-favourable factors lead to
increase in supply of cabbages/unfavourable
natural/seasonal/climatic factors may lead to decrease in supply
of cabbage.
vi) Skills/training of farmers-Batter skills/training leads to
increase in supply of cabbage/poor/ skills/ training leads to low
supply of cabbages
vii) Cost of production-High cost of production leads to a decrease
in supply of cabbages/low costs leads to increase in supply of
cabbages.
ix) Expected future changes in price of cabbages-Expected future
increase in demand leads to increase in supply of
cabbages/expected future decrease leads to decrease in supply of
cabbages.
x) Availability of inputs for cabbage production- if inputs are
available more may be supplied/ if available less will be supplied.
xi) Decisions of cabbage producers- in case of decision to produce
more than there will be increase in supply/ in case of decision to
produce less there will be a decrease/supply of cabbages
Githiari answered the question on September 22, 2017 at 22:06


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