Which Is a Determinant of Supply

question 112

Multiple Choice

Which is a determinant of supply?

• A)tastes and preferences
• B)technology
• C)consumer income
• D)number of consumers

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Definitions:

Age Structure Diagrams

Visual representations of the distribution of various age groups within a population, which can indicate growth trends and demographic challenges.

Reproductive

Pertaining to or capable of producing offspring.

Future Trends

Predictions or projections about the direction of developments or occurrences in any field over upcoming periods.

Demographic Transition Model

A theory that describes the transition from high birth and death rates to lower birth and death rates as a country or region develops from a pre-industrial to an industrialized economic system.