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 ... |
(i) the quantity of the commodity that a firm is willing to supply, (ii) the price at which it is willing to supply that quantity and (iii) the time period ... |
27 мая 2024 г. · Generally, the supply of a product depends on its price and other variables such as the cost of production. a. Price. Price can be understood as ... |
28 нояб. 2019 г. · Supply will be determined by factors such as price, the number of suppliers, the state of technology, government subsidies, weather conditions ... |
6 Factors Affecting the Supply of a Commodity (Individual Supply) | Economics · 1. Price of the given Commodity: · 2. Prices of Other Goods: · 3. Prices of Factors ... |
Explain how the following factors affect the supply of the commodity (any two). a) Price of factor inputs. b) State of technology. c) Government taxation Policy. |
5 сент. 2023 г. · Factors affecting supply include price of goods, price of related goods, production conditions, future expectations, input costs, number of ... |
Some of the factors affecting change in supply are the prices of related products, income and spending habits of customers, and tastes and preferences of the ... |
Оценка 4,8 (496) An Overview of Factors that Affect Supply · The price/cost of factors of production; · The price of substitutes and complements; · Expected future prices; · The ... |
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