Unformatted text preview: distributors etc. 2. Number of sellers a. The number of sellers of a given product 3. Technology a. The efficiency of which a product can be made 4. Expectations a. Expectations of future market conditions, e.g. if a raw material is expected to become more expensive, suppliers will produce more of that product now On a Diagram o The Supply Curve slopes upwards from left to right....
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This note was uploaded on 10/05/2011 for the course ECON 2023 taught by Professor Unknown during the Spring '05 term at Arkansas.
- Spring '05