All else being constant, an increase in the number of cattle delivered to an auction to be marketed would:

Question

Quizplus · Accepted Answer

An increase in the number of cattle delivered to an auction represents an increase in the supply of cattle at the auction. This is because the supply curve represents the willingness and ability of sellers to offer a certain quantity of a good at a given price. As the number of cattle being brought to the auction increases, the quantity supplied of cattle also increases. All else being constant, this would lead to a shift in the supply curve to the right.

All Else Being Constant, an Increase in the Number of Cattle