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20 April, 16:37

Which is not a factor that can cause a change in supply?

options:

a. Productivity

b. Technology

c. Business Model

c. Cost of Resources

+3
Answers (2)
  1. 20 April, 16:46
    0
    It is Business Model (C)

    Explanation:

    Option (A) False. An increase in the productivity of a factor of production will reduce unit cost of production and thereby causes supply to increase.

    Option (B) False. Improvements in technology increases the productivity of the company which results in an increase in supply. It also reduces unit cost of production in the long-run.

    Option (C) True. This is an internal approach to successful operation of the business. Hence, it shouldn't cause changes in supply

    Option (D) False. A change in production costs will affect the quantity that can be supplied.
  2. 20 April, 17:04
    0
    business model is not a factor
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