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This depends on the model and supply function used. Generally, the variability in supply will depend on at least a few others factors: 1) the level of technology; 2) resource constraints; 3) institutional and legal restraints on production; 4) externalities in production; 5) the nature of the good itself (is it public, private, rivalrous, non-rivalrous, etc.).
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What happens to the demand curve when determinants change?
A change in any one or more of these determinants of supply, or supply shifters, will move the supply curve for a product either right or left.
What are the 3 determinants of supply elasticity?
people not stealing
What are the determinants of the dead weight loss in economics?
The determinants of the deadweight loss in economics are the price elasticities of supply and demand.
List the key nonprice factors that influence demand and supply?
Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.
What are the main determinants of labor demand n supply?
Main determinants of labour demand are: demand for goods,availability of capital and cost of labour. Main determinants of labour supply are: wages and benefits, population size(demographic factors) and job requirements
What happens to the demand curve when determinants change?
A change in any one or more of these determinants of supply, or supply shifters, will move the supply curve for a product either right or left.
What happen to demand curve when determinants change?
A change in any one or more of these determinants of supply, or supply shifters, will move the supply curve for a product either right or left.
What are the 3 determinants of supply elasticity?
people not stealing
What are the determinants of the dead weight loss in economics?
The determinants of the deadweight loss in economics are the price elasticities of supply and demand.
List the key nonprice factors that influence demand and supply?
Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.
What are the main determinants of labor demand n supply?
Main determinants of labour demand are: demand for goods,availability of capital and cost of labour. Main determinants of labour supply are: wages and benefits, population size(demographic factors) and job requirements
What are the determinants of migration?
Weather, food supply, population pressure and imprinting.
What are the determinants that create changes in price?
The main two are supply and demand
What is determinants of supply?
It is the factor when they change they cause supply curve to shift to either left or right.
How determinants influence the increase and decrease of supply and demand?
through achange in productivity of acomodity
A change in any one or more of these determinants of supply or supply shifters will move the supply curve for a product either right or left. True or False?
True
Effects of determinants of demand and supply on telecoms industry?
Determinats of demand * Income * Taste or Preference * Prices of substitutes or complements * Expectations of the future * Population Determinants of Supply * Technology * Factor prices * The number of Suppliers * Expectations of the future * Environmental conditions
