The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1

-Ceteris paribus, a change in the quantity supplied along the supply curve of Braun coffee makers is:
A)directly related to the price of a Morphy Richards coffee maker.
B)directly related to the price of milk and cream.
C)directly related to the prices of inputs used in the production of Braun coffee makers.
D)directly related to changes in the technology used in producing coffee makers.
E)directly related to the price of a Braun coffee maker.

Question

The table given below reports the quantity demanded of a good by individuals 1, 2, and 3 at different prices.Table 3.1
 
-Ceteris paribus, a change in the quantity supplied along the supply curve of Braun coffee makers is:
A)directly related to the price of a Morphy Richards coffee maker. 
B)directly related to the price of milk and cream. 
C)directly related to the prices of inputs used in the production of Braun coffee makers. 
D)directly related to changes in the technology used in producing coffee makers. 
E)directly related to the price of a Braun coffee maker.

Quizplus · Accepted Answer

A change in the quantity supplied along the supply curve is directly related to the price of the product itself, in this case, a Braun coffee maker. Changes in the price of the product lead to movements along the supply curve, reflecting changes in the quantity supplied.

The Table Given Below Reports the Quantity Demanded of a Good