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Ordialesalden160go
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how does a change in each determinant affect the supply of a product​

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Mingmingnigo

Determinants of supply (also known as factors affecting supply) are the factors which influence the quantity of a product or service supplied.

Change in the price of a product causes the price-quantity combination to move along the supply curve. However when the other determinants change, the supply curve is shifted.

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Charlesregachogo

Answer:

How does a change in each determinant affect the supply of a product?

• Determinants of supply (also known as factors affecting supply) are the factors which influence the quantity of a product or service supplied. Change in the price of a product causes the price-quantity combination to move along the supply curve. However when the other determinants change, the supply curve is shifted.

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