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Over time certain nonprice factors can shift the entire supply curve for a production List these factors?
Number of sellers, technology, resource prices, taxes/subsidies, expectations of producers, and the prices of other goods the firm could produce
When a real estate agent says the three most important factors when buying a property are location the agent is referring to one of the forms of?
nonprice compition
When a real estate agent says the three most important factors when buying a property are location location location the agent is referring to one the forms of?
nonprice compition
What are two factors that regulate a marketplace according to Adam smith?
Supply and demand are the 2 factors that regulate a marketplace.
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.
Over time certain nonprice factors can shift the entire supply curve for a production List these factors?
Number of sellers, technology, resource prices, taxes/subsidies, expectations of producers, and the prices of other goods the firm could produce
When a real estate agent says the three most important factors when buying a property are location the agent is referring to one of the forms of?
nonprice compition
What two factors determine market structure?
demand and supply
What Two main factors that determine price?
The two main factors that determine price are supply and demand. When supply increases or demand decreases, prices tend to fall. Conversely, when supply decreases or demand increases, prices tend to rise.
When a real estate agent says the three most important factors when buying a property are location location location the agent is referring to one the forms of?
nonprice compition
What are two factors that regulate a marketplace according to Adam smith?
Supply and demand are the 2 factors that regulate a marketplace.
What are factors that influence supply?
what are the factors that influence supply
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.
Name Two factors that affect labor supply?
Read the text book = Principles of Economics
What is advertising a form of?
pure competiton.price competition.nonprice competition.ineffective competition.Answer is: Nonprice competition
What are the main factors that can change market prices?
Market prices are directly dependent on the two main factors that govern an economy: Supply and Demand. If the supply of a certain item does not meet the current demand, then the price will rise, and vice-versa.
What factors determine money supply?
factors which determine money supply is: open market operations, variable money supply bank rate policy.
