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

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

Quizplus · Accepted Answer

An increase in the number of firms wanting to provide accounting services will increase the supply of accounting services, causing a rightward shift in the supply curve. This will lead to a decrease in the market clearing price and an increase in the quantity demanded.

An Increase in the Number of Firms Wanting to Provide