define supply and explain what causes change (shifts) of supply and how supply can determine prices.

define supply and explain what causes change (shifts) of supply and how supply can determine prices..

define supply and explain what causes change (shifts) of supply and how supply can determine prices. Explain what is price elasticity of supply and its determinants and why does it matter whether supply is price elastic , inelastic or unit-elastic ? Illustrate your answers by using supply curve when appropriate

define supply and explain what causes change (shifts) of supply and how supply can determine prices.

Posted in Uncategorized