Factors Effecting Supply And Demand Flashcards by Harry Churchman | Brainscape

Q

External shocks

A

Supply and demand

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Subsidies

A

Supply

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Introduction of new technology

A

Supply

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Number of firms in industry

A

Supply

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Seasonality

A

Demand

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Changes in costs of productions

A

Supply

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Demographics

A

Demand

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Substitutes

A

Demand

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Complimentary goods

A

Demand

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Own price

A

Both demand and supply

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Income

A

Demand

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Indirect taxes

A

Supply

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Fashion, tastes, preferences.

A

Demand

How well did you know this?

1

Not at all

2

3

4

5

Perfectly