The Primary Difference Between a Change in Supply and a Change

question 265

Multiple Choice

The primary difference between a change in supply and a change in the quantity supplied is that:

• A)a change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in 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 supply is related to the supply curve, while a change in quantity supplied is related to shifts in the demand curve that elicit a change in supply.
• D)a change in supply is a movement along the supply curve, while a change in quantity supplied is a shift in the supply curve.

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Definitions:

Heredity

The transmission of genetic characteristics from parents to offspring.

Environmental Factors

External elements that can influence the development or behavior of individuals, including social, cultural, and physical aspects.

Behaviorists

Psychologists who study the observable behaviors of individuals and believe that all behaviors are acquired through conditioning.

Genes

Segments of DNA responsible for hereditary traits, acting as instructions to make molecules called proteins.