Non price determinants for demand and supply

0.0(0)
studied byStudied by 0 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/12

flashcard set

Earn XP

Description and Tags

Tragedy of the Commons

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

13 Terms

1
New cards

Taste and preferences

demand

2
New cards

Income

demand

3
New cards

market size

demand

4
New cards

Expectations of future prices

demand

5
New cards

Related goods

demand and supply

6
New cards

Seasonal changes

demand

7
New cards

Production costs

supply

8
New cards

Enter/exit

supply

9
New cards

expectations

supply

10
New cards

new technology

supply

11
New cards

taxes

supply

12
New cards

subsidies

supply

13
New cards

seasonal changes (supply shock)

supply