Definition
- Movement along the supply curve
- A movement along the supply curve is the change in quantity supplied caused by a change in the good's own price.
- Not to be confused with: Shift in supply
- A shift in supply means a change in the quantity supplied at every price.
Test yourself
What is the difference between movement along the supply curve and shift in supply?
A shift moves the whole curve because a condition of supply changed; a movement is a new point on the same curve because the good's own price changed.