supply determinants

How Do Substitutes Affect Supply And Demand?

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How Do Substitutes Affect Supply And Demand? Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. … When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that

What Factors Affect Supply?

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What Factors Affect Supply? What factors affect supply? Supply refers to the quantity of a good that the producer plans to sell in the market. Supply will be determined by factors such as price, the number of suppliers, the state of technology, government subsidies, weather conditions and the availability of workers to produce the good.