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.