The supply curve is influenced by
A) the income of consumers.
B) the number of customers in the market.
C) the prices of the inputs required to produce the product.
D) the expectations of future profit.
C
You might also like to view...
Economic analysis is based on the premise that
a. people act only out of selfish motives. b. people are always fully informed when making choices. c. changes in the personal benefits or costs of an action influence behavior in a predictable way. d. most human behavior is unpredictable.
Financial intermediaries are institutions that
A. oversee the activities of government institutions such as the Federal Reserve. B. regulate the activities of stock and bond markets. C. act as middlemen in the process of directing funds from savers to investors. D. produce money for the federal government.