The difference between a change in quantity supplied and a change in supply is that a change in:
A) quantity supplied is caused by a change in a good's own, current price, while a change in supply is caused by a change in some other variable, such as input prices, prices of related goods, expectations, or taxes.
B) supply is caused by a change in a good's own, current price, while a change in the quantity supplied is caused by a change in some other variable, such as input prices, prices of related goods, expectations, or taxes.
C) quantity supplied is a change in the amount people want to sell, while a change in supply is a change in the amount they actually sell.
D) supply and a change in the quantity supplied are the same thing.
Correct Answer:
Verified
Q90: A decrease in the number of sellers
Q120: Exhibit 4-3 Q121: According to the law of supply, when Q122: If a product's price increases, quantity: Q124: Which of the following scenarios would prompt Q127: Each point on the supply curve shows Q129: An upward-sloping supply curve shows that: Q130: Which of the following will cause a Q203: A decrease in the price of a Q219: The quantity supplied of a good is
A)supplied increases.
B)supplied
A)buyers are
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