Which of the following is NOT a determinant of supply? A. A change in technology. B. Consumer tastes and preferences. C. Prices of resources. D. Prices of substitutes in production. E. Producer expectations about future prices.

Which of the following is NOT a determinant of supply? A. A change in technology. B. Consumer tastes and preferences. C. Prices of resources. D. Prices of substitutes in production. E. Producer expectations about future prices.

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter4: Supply And Demand: An Initial Look

Section: Chapter Questions

Problem 5TY

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Question

Which of the following is NOT a determinant of
supply?
A. A change in technology.
B. Consumer tastes and preferences.
C. Prices of resources.
D. Prices of substitutes in production.
E. Producer expectations about future prices.

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