A change in the price of a good ______.

Question

KollegeApply · Accepted Answer

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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