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Respond to this discussion Determinants of Supply COLLAPSE The determinants of market supply are as follows: -Factor costs: The costs of using inputs to make

Respond to this discussion Determinants of Supply COLLAPSE The determinants of market supply are as follows: -Factor costs: The costs of using inputs to make a product -Expectations: Producers' beliefs about the future prices, demand, or competition -Competitive goods: Product similarities and how many firms are producing them -Amount of sellers: Number of companies making the product -Technology: Advanced tools, machinery, or methods used in production -Taxes: Government taxes on production or consumers that affect how much consumers will demand or firms will produce

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