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1 climate

2 pest and diseases

3 government policies

4 market price

5 availability of subsidies

6 type of market being served

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Q: What are 8 factors that can cause a change in supply?
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What are the limitations of marginal productivity theory?

1:income of consumer do not remain constant for a every long time 2:price of the commodities change from time to time 3:taste of the consumers varies with time 4:the principle on which the consumer decide to spend the given amount will also get affective


What was the supply and demand of gold in Ghana?

it was 8 slaves for 2.45 pounds of solid gold


What are supply shifters?

Supply ShiftersElasticities deal only with the impact of own-price (note: own-price refers, for example, to the impact of a price change in pork on the quantity of pork) changes on supply. However, there are other factors which affect supply by moving or "shifting" the supply curve. It is a minor point, but if a supply curve shifts, the elasticities may or may not remain valid.Supply shifters:(1) Change in the price of inputs to productionpoint of impact:changes MC and AC curves.(2) Technologypoint of impact:production function(3) Number of sellerspoint of impact: more or fewer producers to sum into supply curve.(4) Future price expectationspoint of impact: point on MC curve producer shoots for.(5) Taxes subsidiespoint of impact: MC and AC curves.(6) Government restrictionspoint of impact:production function(7) WeatherPoint of impact: production function(8) Prices of related goodsPoint of impact: through market price - not common in specialized agricultural production. However, classic example was lamb and wool products which are joint products (complements in production). Corn and soybeans would be substitutes in production (forget for the moment that planting corn after soybeans is beneficial so may be complementary in long run).


What is the full economic price under a price ceiling of 3 when the market demand is Q60-6P and the market supply is Q4P?

qd= 8


What is the supply and demand for Apple Mac laptops world wide?

Apple has around 8% market share to microsofts 88% when it comes to operating systems.