All of the following are non-price determinants of supply except
A)costs.
B)technology.
C)income.
D)future expectations.

Question

Quizplus · Accepted Answer

Costs, technology, and future expectations are all factors that can affect a firm's decision to supply a good or service at a certain price, and therefore are non-price determinants of supply. However, income is not typically considered a factor that directly affects supply, but rather demand for a good or service. As such, it is not a non-price determinant of supply.

All of the Following Are Non-Price Determinants of Supply Except