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micro - 1.3
Supply
Determinants of supply
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Created by
Emma Brown
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Cards (3)
the
determinants
of supply can be remembered as
PINTSWC
Productivity
Indirect
taxes
Number
of
firms
Technology
Subsides
Weather
Cost of
production
subsides
- such as
grants
-
lump sums
of money given to firms by
government
to encourage supply of a particular product