As the Number of Suppliers of a Product Increases,the Supply

question 2

Multiple Choice

As the number of suppliers of a product increases,the supply curve shifts to the _____ and the price will _____.

• A)right; fall
• B)right; rise
• C)left; fall
• D)left; rise

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives.

Cultural Tools

Artifacts, symbols, and technologies that a culture creates, which play a crucial role in the cognitive development and socialization of its members.

Transform

To make a thorough or dramatic change in the form, appearance, or character of something.

Gene Forms

Variants or alleles of genes that result in different traits or outcomes in organisms.