What are the five most important variables that shift the market supply curve?

What will be an ideal response?

Prices of inputs; Technological change; Prices of substitutes in production; The number of firms in the market; Expected future prices

Economics

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Negative income tax plans have the disadvantage of decreasing work incentives in comparison to existing welfare programs without work incentives

a. True b. False Indicate whether the statement is true or false

Economics

If a country is net exporter, free trade will hurt the ________.

A. poor citizens of the country B. domestic consumers C. domestic producers D. rich citizens of the country

Economics