a. Distinguish between a supply function and a supply curve. What is the difference between a change in the quantity supplied and a shift in the supply curve?

b. Using defined in (a) concepts contrast the supply and demand conditions for new Ph.Ds in economics and accounting. Why do such large differences in starting salaries seem to persist over time?

Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted…..