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Microeconomics > Determinants of Supply and Demand > Flashcards

Determinants of Supply and Demand Flashcards

1
Q

Demand #1

A

change in income

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2
Q

Demand #2

A

change in taste or preference

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3
Q

Demand #3

A

change in the price of related goods (substitutes or complements)

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4
Q

Demand #4

A

change in the number of buyers

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5
Q

Demand #5

A

change in expectations

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6
Q

Supply #1

A

change in input costs

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7
Q

Supply #2

A

change in technology

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8
Q

Supply #3

A

change in government policy

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9
Q

Supply #4

A

change in the number of sellers

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10
Q

Supply #5

A

change in expectations

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Microeconomics (5 decks)

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