4 years ago

How do supply shifts differ from changes in quantity supplied based on price?

1 answer:

8 0

A change in quantity supplied will imply a movement along the supply curve, while a change in supply refers to a shift in the supply curve. [ A change in quantity supplied is usually caused by a change in the unit price while a change in supply is caused by new methods of production.

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4 years ago

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3 years ago

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