A Decrease in the Number of Sellers in the Market

question 13

Multiple Choice

A decrease in the number of sellers in the market causes

• A)the supply curve to shift to the left.
• B)the supply curve to shift to the right.
• C)a movement up and to the right along a stationary supply curve.
• D)a movement downward and to the left along a stationary supply curve.

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Definitions:

Pituitary Gland

A pea-sized gland at the base of the brain that secretes hormones regulating growth, metabolism, and reproductive processes.

Hypothalamus

A region of the brain responsible for producing hormones that control bodily functions like temperature, hunger, and sleep.

Infundibulum

A funnel-shaped structure; in the human body, it is part of organs such as the brain (connecting the pituitary gland to the hypothalamus) and the female reproductive system (the fallopian tubes).

Negative Feedback Mechanism

A regulatory process in biological systems where the output of a system inhibits or slows the processes leading to the output, ensuring stability.