1. Number of producers
↑(↓) producers => ↑(↓) supply (S)
2. Resource prices
↑(↓) Resource Price => ↓(↑)S
3. Technology
↑ Technology=> ↑S (technology is assumed to never get worse)
4. Taxes/subsidies
↑(↓) Taxes => ↓(↑)S; ↑(↓) Subsidy =>↑(↓)S
5. Producer expectations
(varies)
6. Prices of related goods
↑(↓) Substitute =>↓(↑)S; ↑(↓) Complements => ↑(↓)S
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
The main two are supply and demand
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.
people not stealing
The determinants of the deadweight loss in economics are the price elasticities of supply and demand.
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
The main two are supply and demand
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.
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.
people not stealing
The determinants of the deadweight loss in economics are the price elasticities of supply and demand.
Weather, food supply, population pressure and imprinting.
It is the factor when they change they cause supply curve to shift to either left or right.
Cite and briefly discuss the main determinants of economies of scale.
through achange in productivity of acomodity
True
bio 101