An Increase in the Number of Firms Wanting to Provide

question 87

Multiple Choice

An increase in the number of firms wanting to provide accounting services will cause a ________ for accounting services.

• A)leftward shift in the supply curve
• B)rightward shift in the demand curve
• C)leftward shift in the demand curve
• D)rightward shift in the supply curve
• E)simultaneous shift of both the demand and supply curves

---

Definitions:

Moral Leadership

Leadership that is always “good” and “right” by ethical standards.

Personal Integrity

The quality of being honest and having strong moral principles that one does not breach.

Transformational Leadership

A style of leadership where the leader works with teams to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of the group.

Transactional Leadership

A leadership style that focuses on supervision, organization, and performance; rewarding or punishing team members based on their performance.