saniahwilson06 saniahwilson06

22-06-2024
Business

Answered

Select all the correct answers.

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

A. New producers entering the market
B. Government taxes and subsidies
C. Effect of mass media advertising
D. Future expectation of prices

Answer :

GinnyAnswer GinnyAnswer

22-06-2024

Final answer:

Non-price determinants of supply include new producers entering the market, government taxes and subsidies, and future expectations of prices.

Explanation:

Non-price determinants of supply are factors other than price that can shift the entire supply curve. In the given options, the correct ones are:

New producers entering the market: This can increase the overall supply.
Government taxes and subsidies: These policies can directly impact supply.
Future expectation of prices: Anticipated changes in prices influence supply decisions.

Learn more about Determinants of supply here:

https://brainly.com/question/15155462

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