Lesson 4: Determinants of Demand Post-Practice

Scissor Prices Cut in Half for barbershops and salons across Delaware.

What's the Determinant of Supply?

• Change in price and availability of productive resources

• Change in number of producers

• Change in government policies–taxes, subsidies, regulations

• Change in expectation of future prices

Barber Shops are Closing Across Delaware!

What is the Determinant of Supply?

• Change in government policies–taxes, subsidies, regulations

• Change in technology

• Change in number of producers

• Change in price and availability of productive resources

Barber Shops Closing Across Delaware!

The Supply Curve Will Shift to the.....

Hair Stylists Anticipate Higher Prices for Haircuts Next Month!

What is the Determinant of Supply??

• Change in technology

• Change in government policies–taxes, subsidies, regulations

• Change in price and availability of productive resources

• Change in expectation of future prices

New Eco-Friendly Hair Products Introduced in the Market!

What's the Determinant of Supply?

• Change in technology

• Change in number of producers

• Change in government policies–taxes, subsidies, regulations

• Change in consumer preferences

Government Increases Taxes on Salon Utilities!

What is the Determinant of Supply?

• Change in technology

• Change in government policies–taxes, subsidies, regulations

• Change in number of producers

• Change in expectation of future prices

Salons Start Using a New Booking App to Increase Efficiency!

What is the Determinant of Supply?

• Change in consumer preferences

• Change in technology

• Change in number of producers

• Change in government policies–taxes, subsidies, regulations

Supply=

Demand=

Introduction of a New Hair Dye Technique Sparks Interest!

What is the Determinant of Supply?

• Change in technology

• Change in consumer preferences

• Change in number of producers

• Change in government policies–taxes, subsidies, regulations