If the Number of Suppliers of Good Y Increases,then

question 136

Multiple Choice

If the number of suppliers of good Y increases,then

• A)a movement up along the supply curve of good Y will occur.
• B)a movement down along the supply curve of good Y will occur.
• C)the supply curve of good Y shifts rightward.
• D)the supply curve of good Y shifts leftward.
• E)the supply curve of good Y becomes steeper.

---

Definitions:

Overstock

It refers to an excessive amount of inventory that a business holds, which exceeds the demand for those products.

Seafood Distributor

A business entity involved in the wholesale or retail distribution of seafood products to various outlets including markets and restaurants.

Commercial Fisher

A person or business involved in the catching and selling of fish for commercial purposes.

Voidable

Describes a legal transaction or agreement that may be nullified or rescinded by one or more parties.