A non-price determinant of supply refers to something:
A) other than supply that affects the price.
B) other than the price that affects supply.
C) that determines how large a role the price plays in the supply decision.
D) that determines how the price is affected by the seller's income.

Question

Quizplus · Accepted Answer

Non-price determinants of supply refer to factors other than the price that can affect the supply of a good or service. Examples include technology, input costs, and government regulations. These factors can influence the quantity of a product that producers are willing and able to supply at any given price.

A Non-Price Determinant of Supply Refers to Something