Question: 1. 2. Verbally explain the difference between a change in quantity supplied and a change in supply. Considering the supply side of the market for
1. 2. Verbally explain the difference between a change in quantity supplied and a change in supply. Considering the supply side of the market for lawn-mowing services, what kind of change (increase or decrease in quantity supplied or supply) would each of the following events cause?
a. A rise in the going price for lawn-mowing services
b. More people decide to offer to mow lawns
c. Gasoline for lawn mowers becomes much more expensive
(assume that the person doing the mowing buys the gas)
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