Which factor is NOT a determinant of supply?

A) expectations regarding future prices
B) the technology of production
C) the cost of production
D) consumer tastes

Consumer Tastes

Preferences and demands of consumers that influence their purchasing behavior, often shaped by trends, culture, and personal experiences.

Determinant of Supply

Factors that affect the quantity of a good or service that producers are willing to sell at a given price, such as production technology, input prices, and number of sellers.

Technology of Production

The methods, processes, and systems used to produce goods and services, often focusing on efficiency and innovation.