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| Topic: |
Social Issues
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| Number of pages / Number of words: |
11 / 2821 |
Essay's paper body
Number of sellers
2. Technology
3. Taxes & subsides
4. Input prices
5. Prices of other goods
6. Expectation
Let?¦s say if the price is $1.00 at point A, the quantity supplied by firms is 5 million per wee. If the price gains to $1.50 at point B. the quantity supplied will increase from 5 million to 6 million per week...
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If the price gains to $1.50 at point B. the quantity supplied will increase from 5 million to 6 million per week.
However if there is any changes in non-price determinant it causes whole supply curve shifts. Let?¦s say the technology changes. At price of $1.00 on S1 (point A), 5 million of newspaper can be supplied...
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