There is no difference between saying that there is a change in supply and in saying there is a change in the quantity supplied.

Question

Quizplus · Accepted Answer

There is a difference between a change in supply and a change in quantity supplied. A change in supply is caused by factors such as changes in production costs or technology, while a change in quantity supplied is a result of a change in price. A change in supply shifts the entire supply curve, while a change in quantity supplied involves movement along a fixed supply curve.

There Is No Difference Between Saying That There Is a Change