Which Factor Is NOT a Determinant of Supply

question 137

Multiple Choice

Which factor is NOT a determinant of supply?

• A)expectations regarding future prices
• B)the technology of production
• C)the cost of production
• D)consumer tastes

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Definitions:

Kaplan-Meier Method

A statistical method used for estimating the survival rates of patients and the time until certain events, like death, occur.

Significant Improvement

A notable or considerable positive change in a condition or situation, often verified through statistical testing.

Probability of Survival

The statistical likelihood that an individual will continue to live for a certain period of time, often used in medical research.

Probability of Dying

The likelihood or chance that an individual will die from a specific cause or condition within a given time period.