Get premium membership and access questions with answers, video lessons as well as revision papers.

Indicate by writing a demand or supply whether each of the following factors influence demand or supply of a commodity. a) Changes in the prices of...

      

Indicate by writing a demand or supply whether each of the following factors influence demand
or supply of a commodity.
a) Changes in the prices of inputs
b) Change in tastes and preferences.
c) Changes in technology
d) Changes in outcomes
e) Changes on the price of other related products.

  

Answers


Davis
-Changes in the prices of inputs-supply
- Changes in tastes and preferences – demand
- Changes in technology – supply
- Changes in outcomes- demand
- Changes in the prices of other related goods-demand
Githiari answered the question on September 21, 2017 at 12:16


Next: Define the centre of gravity.
Previous: In each of the following cases, indicate whether the supply will increase, decrease or remain constant. a) If the demand for coffee rises, the supply of tea...

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions