A change in the quantity of a good supplied occurs when________.
A)supplier expectations about future prices change.
B)the price of the good changes.
C)the cost of producing the good changes.
D)prices of substitutes in production change.

Question

Quizplus · Accepted Answer

A change in the quantity supplied occurs as a result of a change in the price of the good. This is because suppliers will be more willing to supply more at a higher price, and less at a lower price. The other options listed may also affect the supply curve, but they would cause a shift in the curve, not a change in the quantity supplied.

A Change in the Quantity of a Good Supplied Occurs