Answer:
1. availability of materials, labor, and resources
2. producer's ability to keep up with demand
3. competition and substitute goods
4. changes in consumer spending
Explanation:
Supply refers to a quantity of a resource that firms and producers can provide to the customers and the marketplace.
The following factors of production areas follows:
1. availability of materials, labor, and resources
2. producer's ability to keep up with demand
3. competition and substitute goods
4. changes in consumer spending
