The Increase in the Number of Sellers of a Good

question 173

Multiple Choice

The increase in the number of sellers of a good would

• A)move its supply curve to the right.
• B)move its supply curve to the left.
• C)cause a movement along the supply curve to a (higher price, higher quantity)point.
• D)cause a movement along the supply curve to a (lower price, lower quantity)point.

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Definitions:

Informational Reports

Documents that provide data, facts, and feedback without any analysis or recommendations.

Compliance

The act of conforming to rules, standards, or laws, often in a regulatory or legal context.

Operations

The day-to-day activities and administrative processes required for the smooth functioning and management of a business or organization.

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An audience that is open and willing to listen, understand, and accept the message being communicated.