Technology
Technology
what are the factors that influence supply
In order receive a portion of the profits from the companies that they are helping develop
Equilibrium price: demand formula = supply formula So in a free market most entrepreneurs decide to set the price in such a way that supply is not higher than demand and vice versa.
It's actually the other way around: the supply of a commodity influences its price, in that the more of the commodity you have, supposedly the lower the price to get people to buy more of it.
The answer choices for this question weren't provided. But the most important influence on supply is demand. Supply and demand is an economic model of price determination in a market.
There are many ways government regulation can influence the economy. Probably the most dramatic way is by increasing or decreasing the amount of money -- the money supply. unsafe working conditions
Entrepreneurs would have more incentive to invest in new business, as some of their expenses would be cheaper.
They dont
Rate of fuel supply, pressure of fuel supply, turbulence,etc
Professional managers work in a methodical way. Entrepreneurs have a different style of completing tasks that isn't always conventional in method.
OPEC decides to influence, by either increasing the exports or decreasing them.