Which of the Following Is a Difference Between a Change

question 63

Multiple Choice

Which of the following is a difference between a change in quantity supplied and a change in supply?

• A)A change in quantity supplied is caused by a change in a good's own, current price, while a change in supply is caused by a change in some other variable, such as input prices, prices of related goods, expectations, or taxes.
• B)A change in quantity supplied is caused by a change in a good's own, current price, while a change in supply is caused by a change in some other variable, such as input prices, prices of related goods, expectations, or taxes
• C)A change in quantity supplied is a change in the amount people want to sell, while a change in supply is a change in the amount they actually sell.
• D)A change in supply and a change in the quantity supplied are the same thing.
• E)A change in quantity supplied is illustrated by a shift in the supply curve, while a change in supply is illustrated by a movement along the given supply curve.

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Definitions:

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