Determinants of supply · 1. Price of the Commodity · 2. Firm Goals · 3. Price of Inputs or Factors · 4. Technology · 5. Government Policy · 6. Expectations · 7. Prices ... |
For example, one of the determinants of supply in the market for tuna is the availability and the price of fishing permits. If more fishing permits are made ... |
A business tax is treated as a cost, so it decreases supply; a subsidy lowers cost of production, so increases supply. |
Changes to the costs of production · Changes to indirect taxes and subsidies · Changes to technology · Changes to the number of firms · Weather events · Future price ... |
1. Prices of resources/inputs/factors or raw materials · 2. Technology · 3. Taxes and Subsidies · 4. Price expectations · 5. Number of sellers in the market. |
1. Change in the price of resources · 2. Change in technology · 3. Change in the number of producers · 4. Change in taxes or subsidies · 5. Change in the producer ... |
While the determinants of supply include input prices, technology, number of sellers, and future expectations, demand is determined by other factors. Some of ... |
Determinants of Supply · Price of the Good/ Service · Price of Related Goods · Price of the Factors of Production · State of Technology · Government Policy · Other ... |
The determinants of supply are as follows : (i) Price of commodity (ii) Price of related goods (iii) Price of factors of production (iv) State of technology |
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