Multiple Choice
How does a change in quantity supplied differ from a change in supply?
A) A change in quantity supplied shifts the supply curve; a change in supply is a movement along the curve.
B) A change in one of the ceteris paribus conditions affects quantity supplied, not supply.
C) A change in the price affects quantity supplied, not supply.
D) There is no difference.
Correct Answer:
Verified
Correct Answer:
Verified
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