supply

HideShow resource information
  • Created by: ishah
  • Created on: 11-05-13 18:53
View mindmap
  • supply
    • quantity G&S producer willing & able to supply given price
    • change in price - movement in s curve
    • shifts
      • costs of raw materials
      • G tax & subsidies
      • climatic conditions - agriculture
      • production techno
      • num of producers - less supply
      • change in price of substitutes
    • joint supply
      • rise in output of one producy rise in supply of another
        • beef/leather
    • cartels
      • agreements - all major producers - fix prices
    • factors PES
      • spare production capacity
      • stock of finsished products
      • ease of cost substitute factors
      • time period production process
    • agricultural low PES

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »See all Production and efficiency resources »