Economy, asked by nidhiparashar67, 4 months ago

define the term movement along with supply curve​

Answers

Answered by rubykushwaha07
1

Answer:

Like a movement along the demand curve, a movement along the supply curve means that the supply relationship remains consistent. Therefore, a movement along the supply curve will occur when the price of the good changes and the quantity supplied changes in accordance to the original supply relationship.

Explanation:

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Answered by Itzdiamond07
6

ʟɪᴋᴇ ᴀ ᴍᴏᴠᴇᴍᴇɴᴛ ᴀʟᴏɴɢ ᴛʜᴇ ᴅᴇᴍᴀɴᴅ ᴄᴜʀᴠᴇ, ᴀ ᴍᴏᴠᴇᴍᴇɴᴛ ᴀʟᴏɴɢ ᴛʜᴇ sᴜᴘᴘʟʏ ᴄᴜʀᴠᴇ ᴍᴇᴀɴs ᴛʜᴀᴛ ᴛʜᴇ sᴜᴘᴘʟʏ ʀᴇʟᴀᴛɪᴏɴsʜɪᴘ ʀᴇᴍᴀɪɴs ᴄᴏɴsɪsᴛᴇɴᴛ. ᴛʜᴇʀᴇғᴏʀᴇ, ᴀ ᴍᴏᴠᴇᴍᴇɴᴛ ᴀʟᴏɴɢ ᴛʜᴇ sᴜᴘᴘʟʏ ᴄᴜʀᴠᴇ ᴡɪʟʟ ᴏᴄᴄᴜʀ ᴡʜᴇɴ ᴛʜᴇ ᴘʀɪᴄᴇ ᴏғ ᴛʜᴇ ɢᴏᴏᴅ ᴄʜᴀɴɢᴇs ᴀɴᴅ ᴛʜᴇ ϙᴜᴀɴᴛɪᴛʏ sᴜᴘᴘʟɪᴇᴅ ᴄʜᴀɴɢᴇs ɪɴ ᴀᴄᴄᴏʀᴅᴀɴᴄᴇ ᴛᴏ ᴛʜᴇ ᴏʀɪɢɪɴᴀʟ sᴜᴘᴘʟʏ ʀᴇʟᴀᴛɪᴏɴsʜɪᴘ.

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