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Leviafan [203]
2 years ago
6

The primary difference between a change in supply and a change in the quantity supplied is: Select an answer and submit. For key

board navigation, use the up/down arrow keys to select an answer. a both a change in quantity supplied and a change in supply are shifts in the supply curve, only in different directions. 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 supply is caused by a change in the price of the good itself, and a change in quantity supplied is caused by a change in a non-price determinant of supply. d a change in quantity supplied is caused by a change in the price of the good itself, and a change in supply is caused by a change in a non-price determinant of supply.
Business
1 answer:
kipiarov [429]2 years ago
3 0

Answer:

D

Explanation:

A change in quantity supplied is as a result of a change in the price of the good. This change in the price leads to a movement along the supply curve. If price increases, there is an upward movement up along the supply curve and if there is a decrease in price, there is a movement down the demand curve.

A change in supply is caused by other factors other than price. Some of these factors include :

  • A change in the number of suppliers
  • The cost in the price of raw materials needed in the production of the good.

A change in supply leads to a movement outward or inward

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Answer:

0.063

Explanation:

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