An Increase in the Number of Firms Wanting to Provide

question 45

Multiple Choice

An increase in the number of firms wanting to provide accounting services will cause a for accounting services.

• A)simultaneous shift of both the demand and supply curves
• B)rightward shift in the demand curve
• C)leftward shift in the demand curve
• D)rightward shift in the supply curve
• E)leftward shift in the supply curve

---

Definitions:

Extranet

A private network that uses Internet protocols, network connectivity, and possibly the public telecommunication system to share a part of an organization's information or operations with suppliers, vendors, partners, customers, or other businesses.

Private Internet

A network established within an organization or between specific entities that uses internet protocols but is restricted to authorized users.

Authorized Users

Individuals or entities that have been granted permission to access specific resources, services, or information within a system or organization.

Supply Management Process

The systematic approach that ensures the effective and efficient procurement and use of the necessary resources to meet organizational needs.