The non-price determinants or other factors that affect supply are:

Posted By Admin @ September 03, 2022

Question:

Which of the following are non-price determinants of supply?

new producers entering the market
government taxes and subsidies
effect of mass media advertising
cost of the product or services
future expectation of prices

Answer:

1. New producers entering the market.  (More businesses producing a product or service will mean a greater supply of that product or service.)

2. Government taxes and subsidies.  (High taxes on a product may discourage suppliers, whereas government subsidies will encourage more of the product to be supplied.  A recent example was government subsidy for the production of ethanol, which caused a strong increase in ethanol production and supplies.)

4. Cost of the product or services.  (High input costs to provide the product or service will tend to decrease supply, as profit margins for producers are affected.)

5. Future expectation of prices.   This one is tricky to call a "non-price determinant," but it's not a current, actual price.  It's the anticipation that prices and sales will be strong at some future point.  So, for instance, if there is an expectation that flying cars (or personal helicopters) will someday be a high-demand item that will sell for high prices, that will spur development and supply of such an item.

The only one I left out was #3, effect of mass media advertising -- because that is something that is a determinant of demand rather than supply.




Similar Questions

  1. The non-price determinants or other factors that affect demand are:
  2. Which of the following is a non-price determinant of demand
  3. Which of the following are non price determinants of supply
  4. Which of the following are non price determinants of demand
  5. Which two factors directly affect the price of a stock
  6. A key determinant of the price elasticity of supply is
  7. The two main factors that determine where organisms live are
  8. What three factors determine the growth rate of a population
  9. What two factors affect the gravitational force between two objects
  10. Which of the following factors does not affect soil formation
  11. Which factor sets the ceiling on setting a product's price
  12. What two factors are the keys to determining labor productivity
  13. Which factors affect the rate of osmotic movement of water
  14. How do limiting factors affect the population of a species
  15. According to the law of supply the higher the price
  16. Which statement is true about the factors affecting physical fitness
  17. Factor that affects the number of individuals in a population
  18. Which of these factors does not significantly affect our wellness
  19. A competitive advantage based on factors other than price is
  20. What are the factors that affect the rate of reaction
  21. Which factor could affect the relative value of a procedure
  22. What are the factors that affect the rate of dissolution
  23. Which of the following factors does not affect someone's bac
  24. 5 factors that affect your health that you can control
  25. What is the most important factor that determines earth's temperature
  26. Factors that affect your fitness health and wellness are called
  27. Five factors that affect your health that you can control
  28. According to the law of supply price and quantity move
  29. Prejudice would be an example of what factor affecting wages
  30. How did the discovery of the rhesus factor affect society
  31. Predict how unfavorable abiotic and biotic factors affect a species
  32. Which is an abiotic factor that affects a freshwater ecosystem
  33. Which factors positively affect lifetime income check all that apply
  34. The social factors that affect the consumer decision journey are
  35. Five factors that affect your health that you cannot control
  36. What are the major determinants of price elasticity of demand
  37. Abiotic factors that could affect the stability of an ecosystem
  38. The government determines prices for goods and services in a
  39. Which is a biotic factor that could affect an ecosystem
  40. Does product price affect the length of a distribution channel
  41. Which statement best describes the factors that affect muscular endurance
  42. All of the following factors affect an area's biodiversity except
  43. Which statement explains how regulations on prices affect business practices
  44. How do changes in interest rates affect the money supply
  45. How can supply and demand affect job stability and income
  46. What are 3 benefits of the proadvisor discount program quizlet
  47. What is the difference between a purine and a pyrimidine
  48. Describe animal interactions that affect populations in the tundra ecosystem.
  49. The purpose of a diamond shaped yellow sign is to
  50. Which of these reforms were adopted during the progressive era
  51. A is invested by managers in a diversity of stocks
  52. How do phospholipid molecules lead to compartmentalization of a cell
  53. When i heard the learn d astronomer questions and answers
  54. If you need to download something for a class first
  55. Why would this be considered an example of expository writing
  56. Which of the following is an example of synthesizing information
  57. How does the integumentary system interact with the digestive system
  58. A software installation copies all the most commonly used files
  59. A culture medium on which only gram positive organisms grow
  60. Write out the ground state electron configuration for chlorine cl
  61. Which of the adjectives below is a synonym for contento
  62. Which of the following sentences is written in active voice
  63. What was a major consequence of the boston tea party
  64. The dependent variable in an experiment is the factor psychology
  65. Consider the following mechanism for the formation of nitrosyl chloride:
  66. Structure formed by the crossing over of the optic nerves
  67. A financial statement that summarizes company revenue and expenses is
  68. Rich is driving from philadelphia to pittsburgh at 70 mph
  69. The great three west african empires were ghana mali and
  70. Animals contribute to soil formation through decomposition of organic material
  71. What regulates the timing of the cell cycle in eukaryotes
  72. What was one of the purposes of the gemini project
  73. What are the si units of the proportionality constant g
  74. How do ribosomes use mrna and trna to assemble proteins
  75. A mass of 1.5 kg of air at 120 kpa

Al and f express your answer as a chemical formula

Answer:AlF3Explanation:Aluminum fluoride (AlF3) is an inorganic compound in which aluminum and fluoride has ionic bond between each other.Aluminum ( atomic number - 13) has 3 …

How do you find the vertical asymptote of a function

Answer:The vertical asymptote is x=4. The function has whole at x=2.Step-by-step explanation:The given function isFind factor form of numerator and denominator.Cancel out the common factors.Now …

A chromatid is attached to a spindle fiber by the

Answer:A - Prophase:::::::Chromatin in the cell coils into chromosomes that can be seen.B - Metaphase :::::::The chromosomes that were doubled become attached to the spindle …

Explain how bar graphs can show comparisons between 2 topics

Answer:A bar chart is typically used for the comparison of informations obtained from a data collection by representing each value (information) with rectangular bars respectively.Explanation:A …

Magnetic stripes on the seafloor are caused in part by

Answer:When oceanic crust pulls apart magma rises to the surface at the mid-ocean ridges which then spills out to create new bands of rocks at …

Explain the importance of groundwater as a source of freshwater.

Sorry I am a week late in answering this but it helps people later. The answer I got was this:Groundwater is an important source of …

The living parts of an ecosystem are referred to as

Answer:The living components of the environment are known as biotic factorsExplanation:Biotic factors include plants, animals, and micro-organisms. The non-living components of the environment are known …

Which statement best summarizes the origins of world war ii

The correct answer is B) Authoritarian leaders hoping to bring their countries glory through expansion were largely allowed to seize neighboring territories unchallenged.The statement that …

What is the ratio of vinegar to water for cleaning

A. Given a 1:16 vinegar to water ratio, 1/4 cups of water would lead to 1/4*16=4 cups of water.B. Using the same ratio, 80/16=5 fluid …

What are the solutions to the equation 2x-5 3x-1 0

Answer: Explanation:The equation is:The term on the left consists of a product of two different factors: therefore, this product can be zero if either the …

Which of the following is true of short term memory

The answer is B. Intuitively, as the names suggest, short terms memory is used to, for example, recite a phone number to use it immediately …

How to find the domain of a square root function

The domain of a real function will be all the places where the denominator isn't zero and the radicand in the square root isn't negative.So …

Explain how the alleles were passed from parents to offspring

The alleles can be passed from parents to offspring by random segregation into gametes.Alleles and random segregationAn allele is a gene variant, one diploid individual …

A cart is moving with a constant horizontal velocity of

The vertical acceleration provided by the deflector is 5.05 x 10¹⁴ m/s².What is acceleration?Acceleration can be defined as the change in speed or direction of …

The absence of a terminator in transcription will result in

Answer:The absence of a terminator in transcription will result in the production of a longer RNA molecule.Explanation:The terminator is entitled to stop the synthesis of …