Examlex
Subtract.
Increase in Quantity
A rise in the amount of goods or services produced or supplied.
Market Equilibrium
The state in which market supply and demand balance each other, leading to stable prices.
Prices of Resources
Refers to the cost associated with the inputs required for production, including labor, capital, and materials.
Determinant of Supply
Factors that influence the quantity of a good or service that producers are willing and able to sell at a given price, such as production technology, input prices, and expectations of future prices.
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