determinants of supply and demand
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11 Terms
1
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tastes/preferences
demand
2
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income
demand
3
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expectations of future product prices
demand
4
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price of related goods
demand
5
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number of consumers
demand
6
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technology
supply
7
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expectations of future resource prices
supply
8
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govt (taxes and subsidies)
supply
9
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price of other goods
supply
10
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price of resources
supply
11
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number of suppliers
supply
Note 
Flashcards (170)