Start learning →

After a supply curve shift, how do equilibrium price and quantity move?

AIn the same direction
BOnly the price moves
CNeither one moves
DIn opposite directions
Answer & Solution
Correct answer: D. In opposite directions
With demand fixed, a supply shift slides along the demand curve, so price and quantity move oppositely.
Practise this question with Quill — CA Foundation →

Keep practising Supply

Browse all Supply questions for CA Foundation, or explore more Business Economics topics.

Start a Supply lesson →
Related questions