The Determinants of Supply and Demand. Total Cards. 14. Subject. Economics. Level. Undergraduate 2. Created. 09/29/2008. Click here to study/print these flashcards. Resource Prices: Definition. Determinant of Supply As price increases, supply decreases. As price decreases, supply increases. Term. Technology: Definition.
Definition Determinants of individual demand. The determinants of individual demand of a particular good, service or commodity refer to all the factors that determine the quantity demanded of an individual or household for the particular commodity.
Factors, other than price, that determine the quantities supplied of a good or service. Minor edit? Main determinants of the supply of money are (a) monetary base and (b) the money multiplier. These two broad determinants of money supply are, in turn, influenced by a number …of other factors. Various factors influencing the money supply are discussed below: 1. Monetary Base: Magnitude of the monetary base (B) is the significant determinant of the size of money supply.
Question:Can anyone list the determinant of aggregate supply and aggregate demand and their definitions? Answers:Changes in the following non-price level factors or determinants cause changes in aggregate demand and shifts of the entire aggregate demand (AD) curve.
Definition of determinants of supply? Edit. Answered by The Community. Making the world better, one answer at a time. Factors, other than price, that determine the quantities supplied of a good or service. The determinant of supply can be listed as follows: - goal of the firm - price of the goods - price of inputs - technology - price of related goods.
Need to define supply determinants? Economic term supply determinants definition. To find out what is supply determinants, see this explanation.