Difference Between Movement Along And Shift In Supply Curve

Difference Between Movement Along And Shift In Supply Curve

The major dissimilarities or difference between movement along and shift in supply curve can be highlighted as follows:

1. Introduction

Movement Along A Supply Curve: Change in the quantity of supply because of change in the price of the product.

Shift In Supply Curve: Change in the quantity of supply because of change in other factors (price of substitutes, production cost, government policy etc.) than the price of the product.

2. New Supply Curve

Movement Along A Supply Curve: No need to draw new supply curve

Shift In Supply Curve: New supply curve should be drawn

3. Also Called

Movement Along A Supply Curve : It is also called change in quantity supplied

Shift In Supply Curve: It is also called change in supply

    Also Read: 

Difference Between Movement And Shift In Demand Curve

4. Effect/Result

Movement Along A Supply Curve: It creates expansion (extension) or contraction in supply

Shift In Supply Curve: It creates increase or decrease in supply

5. Position Of Curve

Movement Along A Supply Curve: Remains always same

Shift In Supply Curve: It shifts either to the left or to the right

Movement Along Vs Shift In Supply Curve (Comparison Chart)

Basis	Movement Along A Supply Curve	Shift In Supply Curve
Introduction	Change in the quantity of supply due to the change in the price	Change in the quantity of supply due to the change in other factors
New Curve	Not needed	Needed
Also Called	Change in supplied quantity	Change in supply
Effect/Result	Expansion or contraction in supply	Increase or decrease in supply
Curve Position	Always same	Right or left

I hope this post is helpful to understand the difference between movement along and shift in supply curve and to make comparison between them.