Question: Explain the difference between an AS curve shift and a movement alone the AS curve. Movement alone the AS curve A movement or change in
- Explain the difference between an AS curve shift and a movement alone the AS curve.
Movement alone the AS curve
A movement or change in the supply of a product is related to a change in its price. The change in supply is seen as a movement along the Supply Curve.
AS curve shift
change with in other factors affecting the supply or supply chain?
- Explain the concept of Supply-side policies. When are they most valuable?
I am not sure how to answer this..
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
