WAEC - Economics (2019 - No. 11)
Which of the following factors is not a condition for a change in the supply of a commodity
improved technoly
cost of production
the price of the commodity
government tax policies
Erläuterung
Some of the factors that may cause a change in supply include; changes in the costs of production, improvements in technology, taxes, subsidies, weather conditions, health of livestock, and also by the price of other products.
The price of the commodity itself does not affect the change in supply, but rather it affects the change in the quantity supplied.