When the Number of Buyers in a Market Increases

question 79

Multiple Choice

When the number of buyers in a market increases,

• A)the market demand curve shifts to the right.
• B)the demand curves of the individual demanders in the market are unaffected.
• C)the market demand for the good in question increases.
• D)Al of the above are correct.

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Definitions:

Ice Block

A large piece of ice, typically extracted from an ice field or frozen body of water.

Water Level

The height of the water surface in a given body of water, such as a river, lake, or ocean, which can vary due to various factors including precipitation and human intervention.

Tank

A large container or receptacle for storing liquids or gases, often used for water, fuel, or chemicals.

Global Sea Level

The average height of the Earth's ocean surface, used as a standard in measuring sea level rise or fall globally.