Which of the Following Is a Determinant of Market Supply

question 8

Multiple Choice

Which of the following is a determinant of market supply but not the supply curve of an individual firm?

• A)The price of factor inputs.
• B)Expectations.
• C)The number of firms in the market.

---

Definitions:

Short-term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

Sensory Memory

The shortest-term element of memory, it's the ability to retain impressions of sensory information after the original stimuli have ended, acting almost as a buffer for stimuli through the senses.

Schemas

Cognitive structures or frameworks that help individuals organize and interpret information.

Short-term

Describing something of limited duration, often applied to memory systems that hold information temporarily.