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demand of the product
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∙ 11y ago
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How the non price price factors affect demand and supply?
By doing the factors..
What are the two non-price factors of supply?
demand and availability
How global macro economic factor influence demand and supply of agricultural inputs?
There are many economic factors that influence the demand and supply of agricultural inputs, although the main ones are, when price goes up demand goes down, when the price of one product rises this in turn increases demand for other products. The weather also plays a major part in this.
How does price of commodity influence supply?
It's actually the other way around: the supply of a commodity influences its price, in that the more of the commodity you have, supposedly the lower the price to get people to buy more of it.
What are the three factors that affect price elasticity of supply?
I cannot answer this question.
What are the factors that can influence demand for land labor capital entrepreneur?
Supply, demand, price, and cost would be the factors.
How the non price price factors affect demand and supply?
By doing the factors..
Importance of price elasticity of supply?
There are four main factors that influence supply elasticity. Those factors are the ability to produce other goods; the ability to shut down and cease business; the ability to take advantage of alternative resources; and the amount of time it takes to respond to changes in price.
The most important influence on supply is?
The answer choices for this question weren't provided. But the most important influence on supply is demand. Supply and demand is an economic model of price determination in a market.
What factor has the grestest influence on elasticity and inelasticity of supply?
price of the commodity
What factors can be considered a determinant to consumer demand?
Supply and Price are the determining factors for Demand.
What are the two non-price factors of supply?
demand and availability
What factors influence consumer towards toothpaste?
the price and the cost
How global macro economic factor influence demand and supply of agricultural inputs?
There are many economic factors that influence the demand and supply of agricultural inputs, although the main ones are, when price goes up demand goes down, when the price of one product rises this in turn increases demand for other products. The weather also plays a major part in this.
How does price of commodity influence supply?
It's actually the other way around: the supply of a commodity influences its price, in that the more of the commodity you have, supposedly the lower the price to get people to buy more of it.
When discussing supply you must look at things from whose point of view?
When discussing supply, you must look at things from the seller's point of view. This includes analyzing factors such as production costs, technology, and price expectations that influence how much a seller is willing and able to supply in the market.
What are the three factors that affect price elasticity of supply?
I cannot answer this question.
