A movement along the supply curve might be caused by a change in

Question

Quizplus · Accepted Answer

A movement along the supply curve is caused by a change in the price of the good or service being supplied. This is because the supply curve represents the relationship between the price of a good or service and the quantity supplied, all other factors held constant. Changes in other factors, such as technology or input prices, would shift the entire supply curve. Expectations about future prices could also shift the supply curve, but this would not result in a movement along the curve.

A Movement Along the Supply Curve Might Be Caused by a Change