Change in Supply vs Change in Quantity Supplied

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Edspira
Published at : 28 Oct 2020
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This video shows the difference between a change in supply and a change in quantity supplied. A change in quantity supplied occurs in response to a change in price (holding other factors constant) and causes a movement along the supply curve. A change in supply occurs in response to something other than a change in price (e.g., a change in the number of suppliers) and causes the supply curve to shift.

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change in supplychange in quantity suppliedquantity supplied

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