Factors:
? Cost of production (factor prices)
? Government policy (taxation and subsidies)
? Natural events (e.g weather)
? Goals of the firm
? Availability and cost of credit
? Transport and communication
? Prices of related products (substitutes and complements)
? Technology
? Future expectations
? Changes in the supply of the product with which the product in question is in
joint supply e.g Hides & Beef; petrol and paraffin.
? Time
Gregorymasila1 answered the question on March 2, 2018 at 18:35
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