A decrease in the quantity supplied of a good is shown by
A)a movement down along the supply curve.
B)a leftward shift of the supply curve.
C)a movement up along the supply curve.
D)a rightward shift of the supply curve.
E)a movement from the supply curve to the origin.

Question

Quizplus · Accepted Answer

A decrease in quantity supplied is a movement along the supply curve, specifically a downward movement. This occurs when the price of the good decreases, leading suppliers to offer less of the good. The supply curve itself does not shift, as that would represent a change in factors other than price that affect the willingness or ability of suppliers to produce the good.

A Decrease in the Quantity Supplied of a Good Is