All the following are factors that would bring about a change in supply except
Answer Details
The factor that would not bring about a change in supply is the price of the commodity. The price of the commodity would affect the quantity supplied of that commodity, but it would not affect the overall supply of the commodity in the market.
To understand this, it's important to know the difference between supply and quantity supplied. Supply refers to the total amount of a commodity that producers are willing and able to offer for sale in the market at different prices. Quantity supplied, on the other hand, refers to the specific amount of a commodity that a producer is willing to supply at a particular price.
Therefore, a change in the price of a commodity would affect the quantity supplied, but it would not affect the overall supply in the market. For example, if the price of a commodity increases, producers would be willing to supply more of that commodity, which would result in an increase in the quantity supplied. However, the overall supply of the commodity would only change if there were changes in the level of technology, government policy or entry of new firms, which would affect the total amount of the commodity that producers are willing and able to offer for sale in the market at different prices.