An increase in market supply is caused by the following factors except_________

ECONOMICS
WAEC 2021

An increase in market supply is caused by the following factors except_________

  • A. An improvement in innovation and technology.
  • B. An increase in the price of the commodity
  • C. A reduction in the cost of raw materials.
  • D. A favourable weather condition.

Correct Answer: C. A reduction in the cost of raw materials.



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