Which of the following events would cause a change in the quantity supplied of some agricultural commodity but would not cause a change in the supply of that same commodity?

Question

Quizplus · Accepted Answer

A change in the price of the commodity would cause a change in the quantity supplied, as it would affect the profitability of producing the commodity at a given cost. However, it would not cause a change in the overall supply curve, which is determined by factors such as factor costs and technological changes. The other options listed would all cause a shift in the supply curve.

Which of the Following Events Would Cause a Change in the Quantity