Demand vs Supply Curve factors

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9 Terms

1
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Consumer Income

demand

2
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Prices of related goods

demand

3
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Tastes

demand

4
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Producer Expectations (for example higher future prices means supply curve shifts to the left)

supply

5
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Number of buyers

demand

6
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Input Prices

supply

7
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Technology

supply

8
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Consumer expectataions

demand

9
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Number of sellers

supply