which of the following will cause a movement along the supply curve? a. an increase in labor costs. b. changes in the market price of a good, other things held constant. c. changes in the cost of the machinery used to make a good.

Respuesta :

Changes in the market price of a good, other things held constant will cause a movement along the supply curve.

The amount of a good that producers are willing and able to sell at all prices, assuming "all other things equal," is represented by the supply curve. When examining a supply curve, several factors are "kept equal" or constant. cost of production inputs or components.

A product can be produced for less money and has a higher supply if one of the inputs used to make it declines.

When the price increases or decreases of the good, keeping other things constant the movement is along the supply curve.

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