Which of the following determinants of supply cannot be p...
Which of the following determinants of supply cannot be predicted easily?
Price of the commodity
New techniques of production
National emergencies
Mobility of labour
Correct answer is C
National emergencies are unforeseen events that affect a geographical location, hence leading to a stop or slow down economic activities. An example of such is an outbreak of an epidemic, wars, natural disasters, etc. These emergencies are unpredictable and as such can cause a change in supply.
The average total cost when 20 units are produced is ...
A rightward shift in the supply curve of a commodity is brought about by an increase in ...
Land is often different from other factors of production because it ...
Ranking is the method use in measuring ...
One of the major criticisms of the 1992-1968 National development Plan was that ...
High dependency ratio is influenced by ...
The type of demand that exist between torchlight and battery is ...
Development plans fail in Nigeria mainly because of ...
An arrangement of data in rows and columns is referred to as ...