SUPPLY DETERMINANTS

What is the mnemonic device to remember the six Determinants of Supply?

• Triggers

• TIPER

• TRIPE

• Toners

Which does the letter "T" stand for in the mnemonic device?

• Transition

• Taxes

• Technology

• Tested

What does the letter 'E' stand for in the mnemonic device?

• Economic

• Examples

• Extra

• Expectations

What does the letter 'S' represent in the mnemonic device?

• Sales

• Subsidies,tax/govt.

• Supply

• Shift

Which factor is represented by the letter 'N' in the mnemonic device?

• National

• Net Worth

• Number of Prodecers/Sellers

• Next

What does the letter 'R' stand for in the mnemonic device?

• Responsibility

• Repetition

• Resources/costs

• Rising Supply