difference between change in quantity supply or change in supply
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A change in supply and a change in quantity supplied are different things. The first is shown graphically as a movement of a supply curve while the second is shown as a movement along a curve. The first is caused by changes in costs and incentives that change how much a producer can and will produce at a given price.
hope it helps!!✔✔✔
.
A change in supply and a change in quantity supplied are different things. The first is shown graphically as a movement of a supply curve while the second is shown as a movement along a curve. The first is caused by changes in costs and incentives that change how much a producer can and will produce at a given price.
hope it helps!!✔✔✔
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