1) the number of sellers in a market, 2) the level of technology used in a good's production, 3) the prices of inputs used to produce a good, 4) the amount of ...

While the determinants of supply include input prices, technology, number of sellers, and future expectations, demand is determined by other factors. Some of ... Test your knowledge with... · Non Price Determinants of...

27 мая 2024 г. · Generally, the supply of a product depends on its price and other variables such as the cost of production.

1 окт. 2024 г. · The most important determinants of supply are technology, the number of suppliers, expectation of suppliers, feedback from consumers, freeze in tax etc.

1. supply: prices of OTHER goods ; 2. demand: price of related goods ; 3. demand: consumer expectations ; 4. demand: income.

Determinants of supply · Price of raw materials · Rents and interest on capital · Cost of machinery · Payments to human resources (wages and salaries).

This article will help explain determinants of supply, such as price, cost of production, government legislation, and technology, and their impact on a product ...

11 июл. 2024 г. · T - Tastes of consumers · B - Buyers (amount) · P - Price of related goods (substitutes and complements) · I - Income · E - Expectations of future ...

Short Answer · Price of inputs · Taxes and subsidies · Price of other goods · Producers' expectations · Technology · Number of sellers.