Determinant of Supply

Determinant of Supply 1.                  Price of related goodsThe supply of a product can be influenced by the price of related goods: a.                  Substitute goods Supply of a product will decrease if there is an increase in the price of a substitute product, for example Maxis and Celcom. When the price of Maxis increase, the quantity supplied will increase (law of supply)...

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Supply

v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} w\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);}    2.2       Supply Definition of supply Supply is refers to ability and willingness to sell or produce a specific quantities of goods in a given period of time at a particular price, ceteris paribus. Ceteris paribus is a Latin phrase that means holding other factors...

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Change in Quantity Demanded (movement) and Change in Demand (Shift)

Change in Quantity Demanded (Movement) Normal 0 false false false EN-US X-NONE X-NONE ...

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