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  • 09-06-2021
  • Business
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what are the non-price determinants of supply​

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4564030hu
4564030hu 4564030hu
  • 16-06-2021

Answer:

The non-price determinants of supply include:

Indirect taxes → increase costs → supply shifts left (less supply, increase in price)

Subsidies → reduce costs → supply shifts right (more supply, cheaper price)

other ways to intervene -exchange and interest rates.

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