Highlight four factors that may influence supply positively.

      

Highlight four factors that may influence supply positively.

  

Answers


gideon
- Increase in price of the commodity
- Improved state of technology
- Availability of factors of production
- Decrease in the cost of production
- Favourable natural factors e.g. good rainfall
- Future expectation of a decrease in price
- Increase in price of a jointly supplied products
- Decrease in price of a product that competes with it for scarce resources (4 x 1mk = 4 mks)
- Limitations of using consumer initiated methods in consumer protection
- Lack of support from the government
- lack of sufficient information from consumer protection bodies
- ignorance on the part of the consumer
- lack of initiative on the part of consumers
- lack of capital to sponsor their programs
gideon1 answered the question on October 1, 2017 at 14:39


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