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there are few things that can affect a movement among the supply curve; for instances prices, low rate of income or inferior goods.
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What is the only factor that causes movement along the supply curve?
the price of a product
Movement along the supply curve?
Movement along the Supply Curve is an indication of a change in Quantity Supplied.
What will cause a movement along a demand curve or along a supply curve?
If the world tilts to the left...
Does a change in producers' technology lead to a movement along the supply curve or shift in the supply curve?
just lead to a shift in the supply curve.
Does a change in producers' technology lead to a movement along the supply curve or a shift in the supply curve?
Changes in a producer's technology can lead to a SHIFT in the supply curve.
What is the only factor that causes movement along the supply curve?
the price of a product
Movement along the supply curve?
Movement along the Supply Curve is an indication of a change in Quantity Supplied.
What will cause a movement along a demand curve or along a supply curve?
If the world tilts to the left...
Does a change in producers' technology lead to a movement along the supply curve or shift in the supply curve?
just lead to a shift in the supply curve.
Does a change in producers' technology lead to a movement along the supply curve or a shift in the supply curve?
Changes in a producer's technology can lead to a SHIFT in the supply curve.
True or False A Change in supply refers to a movement along the supply curve?
true
An ''increase in the quantity supplied'' suggests a?
Movement up along the supply curve.
Which will not cause the supply curve to shift?
A change in price level would cause movement along the demand curve, but would not cause the curve itself to shift.
Movement along a demand curve?
explain graphically the movement along the demand curve
What happens when both supply and demand rise equally?
There is two types of increase for supply. 1) Movement along the demand curve (upwards or downwards) which is subjected to the shifting of the demand curve 2) Shift of the supply curve. For the first case, the supply curve does not shift but there is increased production to meet the new market demand. Supply will increase as there is a upward movement along the supply curve, and until the new market equilibrium is achieved. For the second case, Supply shifts right and hence the upward movement along the demand curve.
What causes movement along a production possibilities curve?
Movement along a production possibilities curve would imply that society has chosen a different set/amount of input for the two products/services represented in the graph.
Is An increase in supply is represented by a movement up the supply curve?
An increase in the supply is not represented by a movement up the supply cuve. A movement up supply curve is due to the increase in quantity supplied instead of the increase in supply. Alternatively, it can also be due to increase in the price of the goods that could lead to movement up the supply curve.
