Question

In microeconomics, price helps determine both quantity supplied and quantity demanded. Which other factors can impact each by causing a shift to occur? Quantity supplied is determined by production costs, and quantity demanded is determined by desire for the product. Quantity supplied is determined by production costs, and quantity demanded is determined by producer behavior. Quantity supplied is determined by consumer behavior, and quantity demanded is determined by aggregate demand. Quantity supplied is determined by producer behavior, and quantity demanded is determined by desire for the product.

Answer 1

Answer:

it’s a

Explanation:

Answer 2

I believe the answer is: quantity supplied is determined by production costs, and quantity demanded is determined by desire for the product

When the production increase, less people could afford to put up he capital to do it, which reduce the quantity supplied to the market. When the desire for the product increased, the amount of demand for the product would increase since there is a larger amount of consumers who might be willing to obtain the product even at higher price.