Only a change in the price of almonds will cause a movement along the supply curve of almonds.

Name: Only a change in the price of almonds will cause a movement along the supply curve of almonds.
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Question

Quizplus · Accepted Answer

A movement along the supply curve of almonds is caused by a change in the price of almonds, but shifts in the supply curve are caused by other factors such as changes in production costs, technology, or input prices, not just the price of almonds itself.

Only a Change in the Price of Almonds Will Cause