What is the difference between a change in quantity supplied and a change in supply?
A) A change in supply and a change in the quantity supplied are the same thing.
B) A change in quantity supplied is a change in the amount people want to sell, while a change in supply is a change in the amount they actually sell.
C) A change in quantity supplied is caused by a change in a good's own price, while a change in supply is caused by a change in some other variable, such as input prices, prices of related goods, expectations, or taxes.
D) A change in supply is caused by a change in a good's own price, while a change in the quantity supplied is caused by a change in some other variable, such as input prices, prices of related goods, expectations, or taxes.

Question

Quizplus · Accepted Answer

A change in quantity supplied refers to the quantity of a good that sellers are willing and able to sell at a given price, while a change in supply refers to a shift in the entire supply curve caused by a change in any of the factors that affect supply, such as input prices, prices of related goods, expectations, or taxes. A change in quantity supplied is caused by a change in the price of the good itself, while a change in supply is caused by a change in any of the other factors affecting supply.

What Is the Difference Between a Change in Quantity Supplied