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Multiple select question. Technology Taxes and subsidies Consumer expectations Resource prices 

          Multiple select question.
Technology
Taxes and subsidies
Consumer expectations
Resource prices

Added by Cesar P.

Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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Multiple select question. Technology Taxes and subsidies Consumer expectations Resource prices
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Transcript

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00:01 Hello, so hearing this question, we have the method of production that largely determines the capability of producers to produce and make products available in the market for sale and available prices is either going to be technology, costs of inputs, expectations of future prices, or legal factors and considerations.
00:19 So technology is going to be the technique or the method used for producing the goods.
00:25 So better the technology, the more is going to be the production.
00:28 Therefore, technology defines how much...
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