Which of the Following Is a Non-Price Determinant of Supply

question 24

Multiple Choice

Which of the following is a non-price determinant of supply?

• A) the price of related goods consumers may buy
• B) technological advances in production
• C) consumers' incomes
• D) the number of consumers

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Definitions:

Sharing Results

The act of distributing or disseminating findings or outcomes, particularly from research or experiments, to a wider audience.

Scientific Method

A systematic approach used in scientific research to formulate hypotheses, conduct experiments, and analyze results to gain understanding and draw conclusions.

Peer Relationships

The connections and interactions that occur between individuals of similar age, often within the same social or educational settings.

Personal Bias

A tendency or inclination that affects judgment or perspective, often in a way that is considered unfair or prejudiced.