0.19 Explain the distinction between "Change in Quantity Supplied" and "Change in Supply. Also use diagram to
Support your answer.
Answers
Answered by
3
Answer:
A change in quantity supplied will imply a movement along the supply curve, while a change in supply refers to a shift in the supply curve. ... This is depicted as a curve because there is a particular quantity (this is shown on the x-axis of the graph) that they will supply at each possible price (y-axis).
Attachments:
Similar questions