Which of the following could result in a movement along, but not a shift of, the supply curve for shredded wheat breakfast cereal?

Question

Quizplus · Accepted Answer

A fall in the price of shredded wheat breakfast cereal would result in a movement along the supply curve because it would lead to a decrease in the quantity supplied, but not a shift in the supply curve itself. Choice B would shift the supply curve to the right because there is an increase in the supply of wheat. Choice C would shift the supply curve to the left because an increase in the cost of machinery would increase production costs for shredded wheat breakfast cereal producers.

Which of the Following Could Result in a Movement Along