AP Macroeconomics

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R-O-T-T-E-N

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AP Macroeconomics

Definition

An acronym used by economists to remember the six main determinants that shift supply curves; R = Resource prices; O = Other related goods' prices; T = Technology; T = Taxes and subsidies; E = Expectations of future prices; N = Number of sellers.

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Practice Questions (1)

Which determinant of supply is represented by the letter "E" in the acronym R-O-T-T-E-N?

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R-O-T-T-E-N

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AP Macroeconomics

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study guides for every class

that actually explain what's on your next test

R-O-T-T-E-N

from class:

AP Macroeconomics

Definition

Related terms

"R-O-T-T-E-N" also found in:

Practice Questions (1)

© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.

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