Which of the following are determinants of supply ? Select one: a. the price of related goods b. tastes c. income. d. input prices

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Economics
Which of the following are determinants of supply
?
Select one:
a. the price of related goods
b. tastes
c. income.
d. input prices
Efficiency means that:
Select one:
a. society is getting the most it can from its scarce
resources
b. society has dependence on foreign energy
Sources
C. society's goods and services are distributed
fairly among society's members.
d. society is saving resources in order to save them
for the future
Transcribed Image Text:Economics Which of the following are determinants of supply ? Select one: a. the price of related goods b. tastes c. income. d. input prices Efficiency means that: Select one: a. society is getting the most it can from its scarce resources b. society has dependence on foreign energy Sources C. society's goods and services are distributed fairly among society's members. d. society is saving resources in order to save them for the future
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