When the price of a good increases but no other factors change, this is shown on a supply curve as a:

Name: When the price of a good increases but no other factors change, this is shown on a supply curve as a:
Brand: Quizplus
Rating: 4.8 (54 reviews)

Question

Quizplus · Accepted Answer

When the price of a good increases, suppliers are willing to supply more of it, which is represented as a movement to the right along the supply curve, not a shift in the curve itself. Shifts in the supply curve are caused by factors other than the price of the good itself.

When the Price of a Good Increases but No Other