An Increase in the Number of Suppliers in a Market

question 97

Multiple Choice

An increase in the number of suppliers in a market results in a

• A) movement up along the supply curve.
• B) rightward shift in the supply curve.
• C) leftward shift in the supply curve.
• D) Both answers A and C are correct.

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Definitions:

Life-Threatening Ailments

Severe health conditions that pose a significant risk to an individual's life if not treated effectively and promptly.

Meaningless Information

Data or facts that have no significance or relevance to the context in which they are presented.

Physical Injury

Harm or damage to the body resulting from accidents, falls, hits, weapons, and other causes.

Attachment

A deep emotional bond that connects one person to another, often discussed in the context of the bond between a child and caregiver.