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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.
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 that create changes in price?
The main two are supply and demand
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.
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
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
What happens to the supply curve when any of these determinants change?
There are many ways in which the supply curve could change when a determinant changes. The supply curve could go down for example.
What happens to supply curve when determinants changes?
When determinants of supply, such as production costs, technology, or the number of suppliers, change, the supply curve shifts. An increase in production costs or fewer suppliers typically causes the supply curve to shift left, indicating a decrease in supply. Conversely, advancements in technology or a reduction in costs can shift the supply curve to the right, indicating an increase in supply. These shifts reflect changes in the quantity of goods that producers are willing and able to sell at various price levels.
