Ceteris paribus, if new manufacturers enter the computer industry, which of the following will occur?
A) The supply curve shifts to the right.
B) The supply curve shifts to the left.
C) The demand curve shifts to the right.
D) The demand curve shifts to the left.

Question

Quizplus · Accepted Answer

If new manufacturers enter the computer industry, it will increase the overall supply of computers available in the market. This will shift the supply curve to the right.

Ceteris Paribus, If New Manufacturers Enter the Computer Industry, Which