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What event would indicate a movement along a supply curve for batteries?
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Which of these events would indicate a movement along a supply curve for batteries?
Workers at a major battery factory go on strike and stop production.If there was a change in the price of batteries would indicate movement along the supply curve. For example if the battery manufacturer raised the price of AA batteries from 3.50 to 3.95 since it would cause movement along the curve. In an ideal economics situation the price would change if the demand shifts or the supply shifts or the change in price will fall back to being equal.
Movement along the supply curve?
Movement along the Supply Curve is an indication of a change in Quantity Supplied.
True or False A Change in supply refers to a movement along the supply curve?
true
What will cause a movement along a demand curve or along a supply curve?
If the world tilts to the left...
An ''increase in the quantity supplied'' suggests a?
Movement up along the supply curve.
Which of these events would indicate a movement along a supply curve for batteries?
Workers at a major battery factory go on strike and stop production.If there was a change in the price of batteries would indicate movement along the supply curve. For example if the battery manufacturer raised the price of AA batteries from 3.50 to 3.95 since it would cause movement along the curve. In an ideal economics situation the price would change if the demand shifts or the supply shifts or the change in price will fall back to being equal.
Movement along the supply curve?
Movement along the Supply Curve is an indication of a change in Quantity Supplied.
True or False A Change in supply refers to a movement along the supply curve?
true
What will cause a movement along a demand curve or along a supply curve?
If the world tilts to the left...
An ''increase in the quantity supplied'' suggests a?
Movement up along the supply curve.
What is the only factor that causes movement along the supply curve?
the price of a product
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.
What causes movement along a supply curve?
there are few things that can affect a movement among the supply curve; for instances prices, low rate of income or inferior goods.
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 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.
If automobile workers went on strike causing a decreased supply of cars the supply curve would shift inward to the left and?
there would be an eventual upward movement along the demand curve, reestablishing equilibrium
If automobile workers went on strike causing a decreased supply of cars the supply curve would shift inward to the left and .?
there would be an eventual upward movement along the demand curve, reestablishing equilibrium
