a. What is the difference between a "change in supply" and a "change in quantity
supplied?" Graph your answer.
b. For each of the following changes, determine whether there will be a change in quantity supplied or a change in supply.
i. a change in input costs
ii a change in producer expectations
iii. a change in price
iv. a change in technology
v. a change in the number of sellers

Question

a. What is the difference between a "change in supply" and a "change in quantity 
 supplied?" Graph your answer.
b. For each of the following changes, determine whether there will be a change in quantity supplied or a change in supply.
 i. a change in input costs
 ii a change in producer expectations
 iii. a change in price
 iv. a change in technology
 v. a change in the number of sellers

Quizplus · Accepted Answer

The Answer of a. What is the difference between a "change in supply" and a "change in quantity 
 supplied?" Graph your answer.
b. For each of the following changes, determine whether there will be a change in quantity supplied or a change in supply.
 i. a change in input costs
 ii a change in producer expectations
 iii. a change in price
 iv. a change in technology
 v. a change in the number of sellers

A What Is the Difference Between a "Change in Supply