what is meant by change in quantity supplied
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CHANGE IN QUANTITY SUPPLIED: A movement along a given supply curve caused by a change in supply price. The only factor that can cause a change in quantity supplied is price. ... A change in quantity supplied is a change in the specific quantity of a good that sellers are willing and able to sell.
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A movement along a given supply curve caused by a change in supply price. The only factor that can cause a change in quantity supplied is price. ... A change in quantity supplied is a change in the specific quantity of a good that sellers are willing and able to sell.
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