The change in the ________ of a good leads to a change in ________, which leads to a ________.

Question

Quizplus · Accepted Answer

The change in the price of a good leads to a change in quantity supplied, which leads to a movement along a supply curve. This is a basic principle in economics that describes how suppliers react to price changes without altering their willingness to sell at other prices, hence causing a movement along the same supply curve rather than shifting it.

The Change in the ________ of a Good Leads to a Change