2 years ago

Can market price of a commodity be less than its factor cost? if yes explain that situation

Social Studies

1 answer:

gtnhenbr [62]2 years ago

4 0

Answer:

Yes

Explanation:

They are called cash grants given from the government to encourage certain commodities or to sell good for prices lower than the market prices. Thus the market price of a commodity is less than its factor cost.

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