Question

Movements along a supply curve are called changes in _______ and result from changes in ________.
Select one:
a. supply, demand
b. quantity supplied, costs of production
c. quantity supplied, price of this good.
d. supply, costs of production
e. supply, price of this good.

Answer 1

These are called changes in quantity supplied as it moves along the supply curve:


shifts in supply are actual shifts in the line


And it's all about the price of the product vs. the quantity.

Answer 2

Yes