Which of the following is not a factor held constant when deriving a supply curve for ski boots?
A)The price of ski lift tickets.
B)The price of ski boots.
C)The wages of workers who make ski boots.
D)The price of skis.

Question

Quizplus · Accepted Answer

The supply curve for a product, such as ski boots, is derived by varying the product's price and observing how quantity supplied changes, while all other factors (like the price of ski lift tickets, wages of workers, and the price of skis) are held constant.

Which of the Following Is Not a Factor Held Constant