As the Supply Curve Shifts to the Right,the Increase in Quantity

question 87

True/False

As the supply curve shifts to the right,the increase in quantity demanded will not depend on the shape of the demand curve.

---

Definitions:

Credit

A financial agreement where a borrower receives something of value now and agrees to repay the lender at a future date.

Liability Account

An accounting record representing money or value owed by the company to others.

Decrease

A reduction in size, number, or amount.

Debit

A bookkeeping record that leads to an uptick in a firm's assets or a reduction in its liabilities on the balance sheet.