Which of the Following Is a Determinant of Supply

A decrease in the number of sellers in the market. The extra 2 that she made beyond the 5 she was willing to sell her T-shirts for represents the producer surplus.

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Determinants of supply are factors that may cause changes in or affect the supply of a product in the market place.

. A The price of CPUs decreases. Changes in non-price factors that will cause an entire supply curve to shift increasing or decreasing market supply. Considering the available options the determinant of supply is.

Since profit is a major incentive for producers to supply goods and services increase in profits increases the supply and decrease in profits reduces the supply. Government taxes and subsidies. The price of a substitute in production D.

B The price of software decreases. Under the demand curve and above the market price. 22 Which of the following would cause a short-run decrease in the quantity supplied of personal computers.

C The number of PC manufacturers decreases. How responsive buyers are to changes in sellers prices. The number of buyers in a market b.

We take free online PracticeMock test for exam preparation. The preferences of consumers c. The slope of the demand curve.

Consumer expectations This is because when a producer knows that the consumers are ready to consume now the producers will supply more of the products. Identify the correct determinant of supply. A an advancement in the.

39 Which of the following is a determinant of supply. Each MCQ is open for further discussion on discussion page. Your email address will not be published.

These include 1 the number of sellers in a market 2 the level of technology used in a goods production 3 the prices of inputs used to produce a good 4 the amount of government regulation. The quantity demanded qD is a function of five factorsprice buyer income the price of related goods consumer tastes and any consumer expectations of future supply and price. The price of a substitute in consumption B.

An improvement of production technology increase the output. 21 All of the following are non-price determinants of supply except. A key determinant of the price elasticity of supply is.

T-shirt supplier is willing to sell her shirts for 5 each but she is able to negotiate a distribution deal at 7 each. Determinants of supply are factors that may cause changes in or affect the supply of a product in the market place. Is income a determinant of supply.

This lowers average and marginal cost since with the same production factors more output is produced. If the government requires factories to reduce pollution complying will initially increase costs of production in the market and reduce supply. Producer surplus is shown graphically as the area.

An increase in input prices. Above the supply curve and. A technological improvement that reduces the cost of production.

An increase in supply is caused by. The price of a substitute in production D. Click to see the answer prepared by our experts.

An advancement in the technology for producing the good. Up to 256 cash back A key determinant of the price elasticity of supply is. Above the supply curve and below the market price.

D Consumers desire for the good. The determinants of supply include technology factor costs taxes and subsidies expectations prices of other goods and number of sellers. Required fields are marked.

High taxes on a product may discourage suppliers whereas government subsidies will. Which of the following events would cause a rightward shift in the market supply curve for automobiles. Which of the following are determinants of demand.

The price of substitutes in production e. In the case of sellers as the expected price of future falls then the supply increases or shifts rightward in the current period such that the supply is more or shift rightward in. Leave a Reply Cancel reply.

Under the demand curve and below the market price. Consumers expectations about future prices d. For unlimited access to Homework Help a Homework subscription is required.

JOURNAL OF INTERNATIONAL LOGISTICS AND TRADE CONTENTS Papers 3 Determinants For Assigning Value-added Logistics Services To Logistics Centers Within A Supply Chain Configuration Lu Chen Theo Notteboom 43 GIS Exploitation For New Facility Location Decisions- A Logistics Perspective Afzal Mohammad Khaled Yong Jin Kim 63 Efficient Train Operation for. Correct answer to the question Which of the following is a determinant of supply. More businesses producing a product or service will mean a greater supply of that product or service2.

Added 11202020 50807 PM. 26 Which of the following is a common determinant of both supply and demand. The price of a substitute in consumption B.

The price of a complement in consumption. 1 point O the price of a complement in consumption consumer expectations o the price of a substitute in consumption o the price of a substitute in production PreviousNext See the Expert Answer. A income B future expectations C tastes and preferences D sales tax Answer.

We provide you study material ie. Suppliers expectations of higher prices in the future. Which of the following is a non price determinant of supply.

Which of the following is a determinant of supply. PDFs for offline use. Up to 256 cash back Which of the following is a determinant of market supply.

Which of the following is a determinant of supply. None of these 40 The practice of charging different customers different prices for the exact same goodservice is known as.

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