--%>
Assignment Help - homework help

Other determinants that producers want to sell

In addition to price, what are the other determinants that producers want to sell?

E

Expert

Verified

In addition to price, the other determinants of how much producers want to sell comprise input prices, expectations, technology, and the number of sellers. When one of such factors alters, the supply curve shifts.

   Related Questions in Microeconomics

  • Q : Another name of micro economics What is

    What is another name of micro economics? Answer: Price theory

    		•
  • Q : Classical adjustment in capital markets

    The first plans of savers and investors within this closed private economy are demonstrated as S0 and I0. Assume that people begin spending less on current consumption, and total saving plans shift to curve S

    		•
  • Q : Econ Give the answer of following

    Give the answer of following question. In the quintile distribution of income, the term "quintile" represents: A) 5 percent of the income receivers. B) 10 percent of the income receivers. C) 20 percent of the income receivers. D) 25 percent of the income receivers.

    		•
  • Q : Question based on type of economy An

    An industry comprised of a small number of firms, each of which considers the potential reactions of its rivals in making price-output decisions is called: A) monopolistic competition.  B) oligopoly.  C) pure monopoly.  D) pure competition.

    		•
  • Q : Marginal cost curve in market power

    Above the minimum average variable cost curve, the marginal cost curve is not the supply curve of a monopoly since, unlike purely competitive firms, firms along with market power: (w)

    		•
  • Q : Labor-Leisure Tradeoffs features When

    When the real wage increases, an extra unit of: (1) Labor supplied will purchase fewer goods. (2) Leisure is more costly. (3) Output needs more labor time. (4) Capital becomes more highly employed. Find out the right answer from th

    		•
  • Q : Problem on demand for Inferior Goods I

    I have a problem in economics on demand for Inferior Goods. Please help me in the following question. When income rises, demands for: (1) Substitute goods reduce. (2) Inferior goods reduction. (3) Normal goods reduction. (4) Complementary goods rise.<

    		•
  • Q : Definitions of Poverty by Researchers

    Some researchers have attempted to define poverty: (1) as the lowest 20% of the income distribution. (2) through estimates of the fundamental needs for families having various characteristics. (3) by estimating the costs of the minimum caloric intake

    		•
  • Q : Find price elasticity of demand for

    Suppose yearly steel sales double to 80 million tons while the price falls $40 per ton, to $180 per ton. Therefore price elasticity of demand for steel is approximately: (w) 3.333. (x) 10.000. (y) 2.500. (z) 6.667.

    Q : Unitary price elasticity of demand The

    The output of RoboMaids consequent to the point where demand has unitary price elasticity is approximately: (i) 2,000 robots weekly. (ii) 4,000 robots monthly. (iii) 6,000 robots monthly. (iv) 10,000 robots monthly. (v) 13,000 robots monthly.