When does a movement along the supply curve occur, and when does the supply curve shift? If the price of a good rises, a ________ the supply curve occurs, but if any other influences on selling plans change, then a ________ the supply curve occurs. A. leftward shift of; movement up along B. rightward shift of; movement down along C. movement up along; shift of D. movement down along; shift of
When does a movement along the supply curve occur, and when does the supply curve shift? If the price of a good rises, a ________ the supply curve occurs, but if any other influences on selling plans change, then a ________ the supply curve occurs. A. leftward shift of; movement up along B. rightward shift of; movement down along C. movement up along; shift of D. movement down along; shift of
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
Problem 3QR
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When does a movement along the supply curve occur, and when does the supply curve shift?
If the price of a good rises, a ________ the supply curve occurs, but if any other influences on selling plans change, then a ________ the supply curve occurs.
A.
leftward shift of; movement up along
B.
rightward shift of; movement down along
C.
movement up along; shift of
D.
movement down along; shift of
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