When We Compare an Increase in Supply with an Increase

question 52

Multiple Choice

When we compare an increase in supply with an increase in quantity supplied,we know that

• A)the former is depicted by a movement along the supply curve and the latter is depicted by a shift of the curve.
• B)the former could be caused by a decrease in input costs and the latter would be caused by an increase in the price of the good.
• C)both are always caused by a change in demand.
• D)both are always caused by a change in the number of market participants.

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