Answer:
(1) Demand Determinant - No. of buyers
Supply Determinant - None
When people decided to have more children then this will result in more number of buyers. This will affect the demand for a particular good and shifts the demand curve towards right.
(2)Supply Determinant - Input prices
Demand Determinant - None
Steel is an input for the firms and if there is an increase in the price of steel then as a result cost of production increases which results in lower supply for their product.
(3) Supply Determinant - Technology
Demand Determinant - None
New technology will increase the productivity of the firms and hence, increase the supply of the products.
(4) Demand Determinant - Price of substitute or complimentary goods
Supply Determinant - None
If the price of substitute good rises then as a result demand for minivans increases. This will shift the demand curve rightwards.
(5) Demand Determinant - Income
Supply Determinant - None
Decrease in the wealth of the consumers will result in lower demand for the minivans. Therefore, demand curve shifts leftwards.
