3.5 The determinants of supply are the input prices, the prices of related products, expectations, number of

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3.5 The determinants of supply are the input prices, the prices of related products, expectations, number of suppliers, technology, regulation, taxes and subsidies, and weather. These factors can create a change in supply for a good—that is, a change in one of these factors shifts the entire supply curve.

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Survey Of ECON

ISBN: 9780538478090

1st Edition

Authors: Robert L. Sexton

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