Assuming the market is perfectly competitive and there are no government imposed restriction, the quantity supplied will equal the quantity demanded, meaning the quantity demanded by buyers equals the quantity supplied by sellers.
Factors, other than price, that determine the quantities supplied of a good or service.
The most important determinant of supply is marginal cost.
there is no income elasticity of supply...
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.
people not stealing
The determinants of the deadweight loss in economics are the price elasticities of supply and demand.
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
The main two are supply and demand
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.
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.
people not stealing
The determinants of the deadweight loss in economics are the price elasticities of supply and demand.
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
Weather, food supply, population pressure and imprinting.
The main two are supply and demand
Supply by definition: those quantities of goods and services that are produced to meet consumer's "demand" at a given price and at a given point in time;the "law" of supply simply states that supply shows the relationship between quantities supplied and and the quantity a firm is willing to supply!pricing determinants:# that as price rises more quantities are supplied (there is an extension in quantities supplied / a movement along the supply curve); # while the converse is true i.e. as price falls quantities supplied fall (contract); non price determinants: e.g. technology, weather, etc.when non-pricing determinants of supply influence supply there are shifts in the supply curve!for e.g. where weather conditions are favourable supply of agricultural production will increase and as such there will be an increase in quantities supplied i.e. a rightward shift in the supply curve; the converse is true
It is the factor when they change they cause supply curve to shift to either left or right.
through achange in productivity of acomodity
True
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