answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What would cause a movement along the supply curve for oil?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What will cause a movement along a demand curve or along a supply curve?

If the world tilts to the left...


Movement along the supply curve?

Movement along the Supply Curve is an indication of a change in Quantity Supplied.


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.


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


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.


What will change in market price cause movement along?

Change in market price will cause movement along the demand curve.


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


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 a demand curve?

explain graphically the movement along the demand curve