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Glossary
Try This: A Supply Curve for Chocolate Bars

Now it is your turn to explore the law of supply. Discover how changes in price and the quantity supplied result in movement along the supply curve.

 


For each question below, click on the question to reveal the answer.

When you move down the supply curve, what happens to the price and the quantity supplied?
Price decreases and the quantity supplied decreases.
When you move up the supply curve, what happens to the price and the quantity supplied?
Price increases and the quantity supplied increases.