Change in supply and change in quantity supplied

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Reference no: EM131169315

a. What is the difference between a "change in supply" and a "change in quantity supplied?" Graph your answer.

b. For each of the following changes, determine whether there will be a change in quantity supplied or a change in supply.

i. a change in input costs

ii a change in producer expectations

iii. a change in price

iv. a change in technology

v. a change in the number of sellers

Reference no: EM131169315

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