The change in the ________ of a good leads to a change in ________, which leads to a ________.A) price; quantity supplied; movement along a supply curveB) quantity; supply; change in demandC) supply; demand; change in priceD) demand; quantity demanded; supply

Question

The change in the ________ of a good leads to a change in ________, which leads to a ________.A)  price; quantity supplied; movement along a supply curveB)  quantity; supply; change in demandC)  supply; demand; change in priceD)  demand; quantity demanded; supply

Jacob Medalie · Accepted Answer

Final Answer : A, Explanation :  The change in the price of a good leads to a change in quantity supplied, which leads to a movement along a supply curve. This is a basic principle in economics that describes how suppliers react to price changes without altering their willingness to sell at other prices, hence causing a movement along the same supply curve rather than shifting it.

The change in the of a good leads to a change in , which leads to a .

A) price; quantity supplied; movement along a supply curve
B) quantity; supply; change in demand
C) supply; demand; change in price
D) demand; quantity demanded; supply

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