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.

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Definitions:

Work Schedules

The planned hours and days that employees are expected to work, which can vary widely across different occupations and industries.

Cohabitation

The act of living together in an intimate relationship without being legally married.

Compatibility

The degree to which two or more things are able to exist or work together in combination without problems or conflict.

Government Schemes

Programs or plans initiated by the government aimed at achieving a particular social, economic, or developmental goal.