Supply:

• the amt of good or service that a producer is willing and able to sell at each possible price in a given time period, ceteris paribus
• Quantity supplied: The particular quantity of gd/ss the supplier is willing and able to sell at a PARTICULAR price (reflected on a pt on the supply curve)
• law of supply: in given time period, the quantity supplied of a product is directly related to its price, ceteris paribus

Non price determinants:

• Cost of production (prices of FoP’s; technology)
• Prices of related goods (Conpetetive- using similar resources for production, eg potato and carrot- & Joint Supply- Goods produced when the other is produced, e.g. beef and hide)
• Expectations (of future prices)
• Government Policies (gov intervention of GST (indirect tax) & subsidies)
• Seasonal Factors & Weather