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Determinants of Supply

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❶All the material on this site is the property of economicsconcepts. These are the factors which are assumed to be constant in law of supply.

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Both groups also went on a high-fiber, low calorie diet. These were the results of the 12 week study, which was published in The Journal of The American Medical Association (a highly respected scientific journal): Heymsfield, et al. 1998 As you can see, both groups lost weight.

But the group taking Garcinia Cambogia extract actually lost less weight (3.

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Definition: Determinants of supply are factors that may cause changes in or affect the supply of a product in the market place. What Does Determinants of Supply Mean? These factors include: 1. Production technology: an improvement of production technology increases the output.

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Examples of determinants of supply in a business consist of the price of raw material, production costs, taxes and duties, subsidies and any other factor relating to the end supply of a good or service.

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Supply in a particular year is the total production plus-minus stocks of the commodity. Determinants of Supply: Supply of a commodity depends not only on the price of . Determinants of supply are the factors that affect the supply of a product or service and that cause a shift in the supply curve. However, these factors are held constant (according to the law of supply) to alleviate the effect of the law of supply especially with relation with quantity supplied and the supply price.

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Determinants of supply (also known as factors affecting supply) are the factors which influence the quantity of a product or service supplied. We have already learned that price is a major factor affecting the willingness and ability to supply. DETERMINANTS OF SUPPLY. When price changes, quantity supplied will change. That is a movement along the same supply curve. When factors other than price changes, supply curve will shift. Here are some determinants of the supply curve. 1. Production .