1. Explain the difference between an AS curve shift and a movement alone the AS curve.

Movement alone the AS curve

A movement or change in the supply of a product is related to a change in its price. The change in supply is seen as a movement along the Supply Curve.

AS curve shift

change with in other factors affecting the supply or supply chain?

1. Explain the concept of Supply-side policies. When are they most valuable?

I am not sure how to answer this..