Some Nonprice Determinants of Supply Are

question 158

Multiple Choice

Some nonprice determinants of supply are:

• A) prices of related goods, technology, prices of inputs, expectations, and the number of sellers.
• B) consumer preferences, the price of the good, and prices of related goods.
• C) expectations of sellers and number of buyers in the market.
• D) prices of related goods, technology, and consumer preferences.

---

Definitions:

Life Insurance

A contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

Professional Men

Individuals who are males working within their expertise or occupation, often requiring specialized education and training.

Professional Women

Females engaged in careers that typically require advanced education and specialized skills, contributing their expertise in the workforce.

Peony Plant

A type of flowering plant, known for large, often fragrantly scented flowers, belonging to the genus Paeonia.