________ means the supply curve has shifted to the right,while ________ refers to a movement along a given supply curve in response to an increase in price.
A)An increase in supply; a decrease in supply
B)A decrease in supply; an increase in supply
C)An increase in supply; an increase in quantity supplied
D)A decrease in supply; a decrease in quantity supplied

Question

Quizplus · Accepted Answer

An increase in supply refers to a shift in the entire supply curve to the right, indicating that more goods are being supplied at every price level. On the other hand, an increase in quantity supplied refers to a movement along a given supply curve in response to a change in price.

________ Means the Supply Curve Has Shifted to the Right,while