The primary difference between a change in supply and a change in the quantity supplied is that:
A)a change in quantity supplied is a movement along the supply curve, while a change in supply is a shift in the supply curve.
B)both a change in quantity supplied and a change in supply are movements along the supply curve, only in different directions.
C)a change in supply is related to the supply curve, while a change in quantity supplied is related to shifts in the demand curve that elicit a change in supply.
D)a change in supply is a movement along the supply curve, while a change in quantity supplied is a shift in the supply curve.

Question

Quizplus · Accepted Answer

A change in quantity supplied is a movement along the supply curve, which is caused by a change in price, while a change in supply is a shift in the supply curve, which can be caused by various factors such as changes in technology, input prices, or regulations. Therefore, A is the correct answer.

The Primary Difference Between a Change in Supply and a Change