Which of the Following Is a Determinant of Supply

question 73

Multiple Choice

Which of the following is a determinant of supply?

• A) Consumer tastes or preferences.
• B) Consumer income.
• C) Prices of the factors of production.
• D) Number of buyers.

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Definitions:

Segregation

A policy or practice of separating people based on race or ethnicity, often resulting in inequality and discrimination.

Greensboro Sit-in

A series of nonviolent protests in 1960 which started when four African American students sat at a segregated lunch counter in Greensboro, North Carolina, challenging racial segregation.

Militancy

The use of confrontational or violent methods in support of a political or social cause, often characterized by a radical approach to achieving objectives.

Marxism

A socio-economic ideology which argues that class struggle is a central element in the analysis of social change in Western societies, developed by Karl Marx.