One of the major determinants of the volume of production is
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Correct Answer: Option A
Explanation:
There are various [b]factors which affect the volume of production which includes:[/b]
Availability of natural resources.
Availability of raw materials.
Technology.
Availability of capital.
Transport facilities.
Political conditions.
Climate.
Efficiency of people.
There are various [b]factors which affect the volume of production which includes:[/b]
Availability of natural resources.
Availability of raw materials.
Technology.
Availability of capital.
Transport facilities.
Political conditions.
Climate.
Efficiency of people.