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What are the important determinants of market supply? |
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Answer» Answer: changes in non-price factors that will cause an entire SUPPLY curve to shift (INCREASING or DECREASING market supply); these include 1) the number of sellers in a market, 2) the level of technology USED in a good's production, 3) the prices of inputs used to produce a good, 4) the amount of GOVERNMENT regulation, ... |
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