mention any two determinants of supply curve of a firms
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When factors other than price changes, supply curve will shift. Here are some determinants of the supply curve. ... Higher production cost will lower profit, thus hinder supply. Factors affecting production cost are: input prices, wage rate, government regulation and taxes, etc.plz thanks my answers ❤️
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Determinants of Firm's Supply Curve:
Suggested Videos. Introduction to Economics. ...
Prices of Other Goods. A given resource can probably be employed to produce more than one good. ...
Prices of Factors of Production. ...
Government Taxation Policy. ...
State of Technology. ...
Objectives of the Firm. ...
Number of Firms in the Market. ...
Future Expectations regarding Price.
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