Explain the distinction between movement along the supply curve and shift in supply curve use diagram
Answers
Answered by
3
Like a movement along the demand curve, a movement along the supply curve means that the supply relationship remains consistent. ... Meanwhile, a shift in a demand or supply curve occurs when a good's quantity demanded or supplied changes even though price remains the same.
Answered by
2
Answer:
a movement along the demand curve, a movement along the supply curve means that the supply relationship remains consistent. ... Meanwhile, a shift in a demand or supply curve occurs when a good's quantity demanded or supplied changes even though price remains the same
Similar questions