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Variables Affecting The Supply Curve (for UPSC CSE)

Lesson 8 of 13 • 1557 upvotes • 9:29mins

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Ayussh Sanghi

This lesson begins with the explanation of the various variables that affect the supply curve such as the input price i.e. the price of the raw materials. He continues by explaining the relation between the profitability of the business & the price of raw material. The second variable he talks about is technology i.e used for turning inputs into the final product. The other factors that are highlighted are expectation & the number of sellers.

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Variables Affecting The Supply Curve (for UPSC CSE)

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