What Is the Difference Between a "Change in Supply" and a "Change

question 22

Essay

What is the difference between a "change in supply" and a "change in quantity supplied?" Graph your answer.
a. For each of the following changes, determine whether there will be a change in quantity supplied or a change in supply.
i. a change in input costs
ii. a change in producer expectations
iii. a change in price
iv. a change in technology
v. a change in the number of sellers

---

Definitions:

Diversity of Citizenship

A basis for federal court jurisdiction when the plaintiff and defendant are citizens of different states or a foreign country, and the amount in dispute exceeds a specified threshold.

Interstate Highway

A network of controlled-access highways within the United States designed for high-speed vehicular traffic, regulated and funded by the federal government.

Amount in Controversy

The monetary value of the claim or dispute that is at stake in a legal proceeding.

Conciliation

An alternative dispute resolution process where a neutral third party helps the disputing parties reach a voluntary, negotiated resolution.