Multiple Choice
What is the difference between a change in quantity supplied and a change in supply?
A) There is no difference.
B) A change in the quantity supplied shifts the supply curve, and a change in supply reflects a movement along the supply curve.
C) A change in the market price affects the quantity supplied, but not the supply, of a good.
D) A change in the market price affects the supply, but not the quantity supplied, of a good.
Correct Answer:
Verified
Correct Answer:
Verified
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