A movement along the supply curve is the same as a:

Question

Quizplus · Accepted Answer

A movement along the supply curve occurs when there is a change in the quantity supplied due to a change in price. This is different from a shift in the supply curve, which occurs when there is a change in factors other than price, such as changes in technology or input prices. A change in supply refers to a shift in the entire supply curve, while the number of producers is not directly related to movements along the supply curve.

A Movement Along the Supply Curve Is the Same as A