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Over time certain nonprice factors can shift the entire supply curve for a production List these factors?
Wiki User
∙ 14y ago
Number of sellers, technology, resource prices, taxes/subsidies, expectations of producers, and the prices of other goods the firm could produce
Wiki User
∙ 14y ago
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Who possesses the factors of production of England?
There are 4 factors of production:LandLaborCapitalEnterpriseAnd therefore, each individual controls part of the over all the factors of production. And collectively, the entire British population (including organizations such as the government, companies...) hold the factor of production.
Why would entire supply curve move?
This is due to an expansion(contraction) of the supply curve. i.e. the suppliers are willing to produce more(less) for the same level of price than before. This can be due to many factors such as a tax cut, better technology allowing more efficient production, natural disaster..... In short, any factors expect price would shift the entire supply curve to the right(expansion) or to the left(contraction)
What is the best situation where an oligopoly exists?
A small number of producers command nearly the entire market for a certain good of service
What factors and resources does the government own in a centrally planned economy?
The factors and resources that the government owns in a centrally planned economy include decisions, pricing, and the entire market.
How other factors should changed to shift entire supply curve left and right?
They sing how to love
What assumptions about costs are made in CVP?
Although no one can be certain that costs are linear over the entire range of output or production, this is an assumption of CVP.
Define relevant range in accounting?
an increase or decrease on a company's fixed costs is however not only dependent on the relevant period but also on the relevant production range. The total fixed costs will remain constant if the relevant production range can be handled by the same number of production units, producing fewer steps. If a certain step ( certain cost level) encompasses the entire relevant range of activity, the costs are entirely fixed.
Who possesses the factors of production of England?
There are 4 factors of production:LandLaborCapitalEnterpriseAnd therefore, each individual controls part of the over all the factors of production. And collectively, the entire British population (including organizations such as the government, companies...) hold the factor of production.
What is EOU?
an industrial unit which export its entire production of goods and services
What are global factors?
There are different types of global factors. Global factors are circumstances where a contribution is made to a world wide outcome. Such as, if a super volcano exploded that would be a global factor since the entire globe would be in jeopardy, also the economic values are a global factor in deciding the inflation recession and prosperity of a certain country.
Why would entire supply curve move?
This is due to an expansion(contraction) of the supply curve. i.e. the suppliers are willing to produce more(less) for the same level of price than before. This can be due to many factors such as a tax cut, better technology allowing more efficient production, natural disaster..... In short, any factors expect price would shift the entire supply curve to the right(expansion) or to the left(contraction)
What is the name of the person who is charge of the entire backstage?
Production Manager (Theater) Stage Manager
How do biotic and abiotic factors affect crop production?
A variety of biotic factors such as pests, nematodes, diseases, etc. can reduce the net crop production. A pest causes damage to agriculture by feeding on crops. For example, the boll weevil is a pest on cotton. It attacks the cotton crop, thereby reducing its yield. Weeds also reduce crop productivity by competing with the main crop for nutrients, light, and space. Similarly, abiotic factors such as salinity, temperature, etc. affect the net crop production. Some natural calamities such as droughts and floods are unpredictable. Their occurrence has a great impact on crops sometimes, destroying the entire crop.
What is the best situation where an oligopoly exists?
A small number of producers command nearly the entire market for a certain good of service
What is apparatus?
Apparatus is a complex machine or instrument, an assortment of tools, or the entire means by which a specific production is made existent.
What is the value of a Dallas Cowboys football signed by the entire team?
The exact value of a 1979 Dallas Cowboys football signed by the entire team would actually be dependent upon a number of factors. Some of these factors would be the authenticity of the signatures and the condition of the ball.
Does Motion to vacate judgment means the entire judgment can't be appeal or just the vacated issue?
Unless the judgment is worded to specificallyexclude certain privisions and/or specifically include certain others, just a general motion to vacate refers to the ENTIRE judgment.
