1 Supply and Demand 4 4-15 Shifts in Supply versus Movements Along a Supply Curve Quantity supplied refers to a specific amount that will be supplied per unit of time at a specific price, other things constant Refers to a specific point on the supply curve A change in price changes quantity supplied A change in price causes a change in quantity supplied A change in price causes a movement along the supply curve
{"Image DocumentName": "Shifts in Demand versus Movements Along a Demand Curve", "Image ImageDescription": "Quantity demanded refers to a specific amount that will be demanded per unit of time at a specific price, other things constant. Refers to a specific point on the demand curve. A change in price causes a change in quantity demanded. A change in price causes a movement along the demand curve.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}