According to the Graph Shown,if the Supply Increases,then

question 67

Multiple Choice

According to the graph shown,if the supply increases,then

• A) consumer surplus would increase.
• B) consumer surplus would decrease.
• C) total surplus would increase.
• D) quantity would increase.

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Definitions:

Par Value

A nominal value of a security, such as a bond or stock, which is set by the issuing company and does not necessarily reflect its market value.

Corporate Form

A legal structure for organizations that treats the business as a separate entity from its owners, providing limited liability protection.

Business Organization

A legally recognized entity established to conduct commercial activities, ranging from sole proprietorships to corporations.

Advantage

The condition of being in a favorable or superior position relative to competitors or alternatives.