If the number of suppliers of good Y increases,then
A)a movement up along the supply curve of good Y will occur.
B)a movement down along the supply curve of good Y will occur.
C)the supply curve of good Y shifts rightward.
D)the supply curve of good Y shifts leftward.
E)the supply curve of good Y becomes steeper.

Question

Quizplus · Accepted Answer

An increase in the number of suppliers will increase the quantity supplied at every price, leading to a rightward shift in the supply curve of good Y.

If the Number of Suppliers of Good Y Increases,then