determinants of supply and demand
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12 Terms
1
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demand
preference/tastes
2
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demand
income (of consumer)
3
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4
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demand
substitute & compliment goods
5
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demand
expectations (for income, prices, tastes)
6
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demand
number of buyers
7
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supply
technology
8
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supply
factor costs
9
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supply
other goods
10
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supply
taxes and subsidiessu
11
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supply
expectations
12
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supply
number of sellers
Note 
Flashcards (187)