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प्रश्न
A change in the price of a good ______.
पर्याय
shifts the good's supply curve but does not cause a movement along it.
does not shift the good's supply curve but causes a movement along it.
shifts the good's supply curve and also causes a movement along it.
neither shifts the good's supply curve nor causes a movement along it.
MCQ
रिकाम्या जागा भरा
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उत्तर
A change in the price of a good does not shift the good's supply curve but causes a movement along it.
Explanation:
- A change in the price of a good causes a movement along the supply curve, not a shift in the supply curve. This movement represents a change in the quantity supplied due to a price change, assuming all other factors remain constant.
- A shift in the supply curve occurs due to changes in other factors such as production costs, technology, or the number of suppliers, not due to a change in the price of the good itself.
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