Question
You are selling (supply) gaming services atKeystone College as a new business. List and very briefly explain at least 3 of the factors that you
You are selling (supply) gaming services atKeystone College as a new business.
List and very briefly explain at least 3 of the factors that you would consider before you decide whether you want to see at all, how much you want to sell and the price you would want to charge.
Determinates:
1. Prices of resources/inputs/factors or raw materials
2. Technology
3. Taxes and Subsidies
4. Price expectations
5. Number of sellers in the market
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Microeconomics
Authors: Paul Krugman, Robin Wells
5th edition
1319098780, 1319098789, 978-1319098780
