The main six determinants of supply are :
1. Prices of different goods including substitutes
2. Number of suppliers
3. Production function and technology
4. Prices of different inputs including wage rates, interest.
5. Producers' future expectations
6. Government Policies, Duties and Taxes
Other Related Posts :
Basic Principles of Economics
Factors of Production
1. Prices of different goods including substitutes
2. Number of suppliers
3. Production function and technology
4. Prices of different inputs including wage rates, interest.
5. Producers' future expectations
6. Government Policies, Duties and Taxes
Other Related Posts :
Basic Principles of Economics
Factors of Production
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