Determinants of Supply and Demand
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10 Terms
1
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Income
Determinant of Demand
2
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Tastes/preferences
Determinant of Demand
3
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Price of related goods
Determinant of Demand and Supply
4
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Expectations
Determinant of Demand and Supply
5
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Number of Buyers
Determinant of Demand
6
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Number of sellers
Determinant of Supply
7
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Technology
Determinant of Supply
8
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Cost of production/input prices
Determinant of Supply
9
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Government Regulation
Determinant of Supply
10
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Natural conditions/shock
Determinant of Supply
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