--%>
Assignment Help - homework help

Difference among change in supply-change in quantity supply

The difference between change in supply and change in quantity supplied is as follows: (1) The change in quantity supplied is caused just by the change in the price of good, whereas a change in supply takes place whenever the ceteris paribus supposition is violated. (2) The change in quantity supplied is the movement all along a given supply curve, whereas the change in supply is a shift of whole curve. (3) The quantity supplied is recognized by the price, whereas supply reflects the combination of price and quantities. (4) All of above.

What is the right answer?

   Related Questions in Microeconomics

  • Q : Problem on organizing the business The

    The individual who wants to begin up a business, however who not want to risk in losing personal property if the business fails, must organizes the business as: (1) Sole proprietorship. (2) Partnership. (3) Corporation. (4) Unlimited partnership.

    Q : Determine constant slope of demanded

    The slope of this illustrated figure of demand curve for DVD games is: (w) constant. (x) greater at high prices than at low prices. (y) lower at low prices than at high prices (z) unitarily elastic.

    Q : Normative Criteria for Income

    The most compatible along with capitalism of the normative criteria for income distribution, which is the: (1) contribution standard. (2) gold standard. (3) needs standard. (4) balanced standard. (5) equality standard.

    Q : Present Value and Rates of Return When

    When the rate of return you calculate on an asset exceeds the interest rate: (1) competition for profit must make its price fall rapidly. (2) the price must fall rapidly. (3) the market is in long term equilibrium. (4) you should igno

    		•
  • Q : Why is the ATC bigger than AVC Why is

    Why is the ATC bigger than AVC? Answer: ATC is bigger than AVC since ATC comprises AVC and AFC

    		•
  • Q : Constant price in economic rent

    Economic rent is: (1) determined by the supply side. (2) independent of the strength of demand. (3) received whenever owners receive a constant price for a resource that supply curve is upward sloping. (4) included in society's opportunity costs of pr

    		•
  • Q : Comparison of absolute intensity among

    The absolute intensity of one consumer’s preferences and tastes as compared to the absolute intensity of the other consumer’s tastes and preferences is as: (1) Dependent on the supplies of specific products. (2) Individually recognized in

    		•
  • Q : Different forms of capital account

    Different forms of capital account transactions: A) Private Transactions: There are transactions which affect the liabilities and assets of individuals.

    Q : Oligopolistic pricing behavior

    Collusive oligopolistic pricing behavior: (1) leads to natural monopoly when only some firms dominate an industry. (2) entails overt agreement among many firms in setting outputs and prices. (3) arises while contestable firms simultaneously raise or l

    		•
  • Q : Output produced by profit maximizing

    A profit maximizing monopolist produces output where: (i) MR = MC as long as the corresponding price exceeds average variable costs [P>AVC]. (ii) marginal revenue minus marginal costs [MR - MC] is maximized. (iii) price minus average cost is maximi

    		•