Respuesta :
In general, a change in the price of the product causes a movement along the demand curve; and a change in production cost and related factors causes a shift in the supply curve.
What is demand curve?
The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time. In a typical representation, the price will appear on the left vertical axis of the graph, and the quantity demanded on the horizontal axis.
What is supply curve?
The supply curve is a graphic representation of the relationship between product price and quantity of product which a seller is willing and able to supply. Product price is measured on the vertical axis of the graph, and the quantity of product supplied on the horizontal axis.
Learn more about supply demand curve at: https://brainly.com/question/1915798
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