The determinants of the supply of a good are any factors other than the product's price that cause the supply curve of the good to shift.
<h3>What is supply curve?</h3>
The supply curve can be regarded as graphic representation which is used in showing the relationship that exist between between the cost of a good or service and quantity supplied.
However , the price is seen at the left vertical axis, of the curve and product's price that cause the supply curve of the good to shift.
Learn more about supply at; brainly.com/question/25308213
#SPJ1
Answer:
$700
Explanation:
to calculate the amount of state income tax refund that must be included in the 2019 tax return we can use the following equation:
state income tax refund included in gross income = itemized deduction - standard deduction = $24,700 - $24,000 = $700
the rest of the refund = $1,800 - $700 = $1,100, should not be included in the 2019 gross income
Answer:
60%
Explanation:
The answer is already given that ANY given month of the year, they have a 60% chance of making profits. The probability wont change since its a constant fact and unless their business improved or something tipped the scales to their favor then the probability is always 60%