The primary difference between a change in supply and a change in the quantity s
ID: 1238260 • Letter: T
Question
The primary difference between a change in supply and a change in the quantity supplied is:A)
a change in quantity supplied is a shift in the supply curve, and a change in supply is a movement along the supply curve.
B)
both a change in quantity supplied and a change in supply are movements along the supply curve, only in different directions.
C)
a change in quantity supplied is a movement along the supply curve, and a change in supply is a shift of the supply curve.
D)
a change in supply is a movement to the left along the supply curve and a change in quantity supplied is a movement to the right along the supply curve.
Explanation / Answer
Both A&C
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