1. A change in supply causes a (movement along/shift of) the supply curve. A change in quantity supplied causes a (movement along/shift of) the supply curve. 2. Circle the variables that change as we...

1. A change in supply causes a (movement along/shift of) the supply curve. A change in quantity supplied causes a (movement along/shift of) the supply curve.

2. Circle the variables that change as we move along the supply curve for pencils and cross out those that are assumed to be fixed:

• Quantity of pencils supplied

• Price of wood

• Price of pencils

• Production technology