A nonprice determinant of supply refers to:
A) something that affects the price other than supply.
B) something that affects supply other than the price.
C) something that determines how large a role prices play in the supply decision.
D) something that determines how prices are affected by the seller's income.
Correct Answer:
Verified
Q90: The supply curve:
A)represents producers' willingness to sell.
B)shows
Q92: Some nonprice determinants of supply are:
A)prices of
Q93: The law of supply can be stated
Q94: Oliver just brought home a new kitten.We
Q94: The supply curve is a _ line
Q96: The law of supply describes the:
A) inverse
Q99: The recent rise in the price of
Q100: The amount of a particular good that
Q100: On the supply curve:
A)quantity goes on the
Q102: A change in a nonprice factor of
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