In moving along a supply curve, which of the following is not held constant?
Tuesday, January 31, 2023
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Question: In moving along a supply curve, which of the following is not held constant?
The price is not held constant when moving along a supply curve. This is because the price will change in accordance with the quantities supplied. When more of the good is supplied, its price will increase and when less is supplied, its price will decrease.
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