Other things remaining unchanged, the cost of production of a good might increase if:
1. Wages of the labour increase
2. Increase in GST
3. Organizational innovation by the firm
4. Increase in cost of logistics
Select the correct answer from the codes given below.
1
1, 2 and 4 only
2
1, 3 and 4 only
3
1 and 2 only
4
1, 2, 3 and 4