The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1

-Other things remaining unchanged, which of the following is a determinant of the quantity supplied of a good?
A)The cost of inputs used in production
B)The price of the product
C)The income levels of consumers
D)The price expectations of producers
E)The preferences of consumers

Question

The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1
 
-Other things remaining unchanged, which of the following is a determinant of the quantity supplied of a good?
A)The cost of inputs used in production 
B)The price of the product 
C)The income levels of consumers 
D)The price expectations of producers 
E)The preferences of consumers

Quizplus · Accepted Answer

The Answer of The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1
 
-Other things remaining unchanged, which of the following is a determinant of the quantity supplied of a good?
A)The cost of inputs used in production 
B)The price of the product 
C)The income levels of consumers 
D)The price expectations of producers 
E)The preferences of consumers

The Table Given Below Reports the Quantity Demanded of a Good