An increase in supply means:
A)Movement down given supply curve
B)Movement upward given supply curve
C)Leftward shift in supply curve
D)Rightward shift in supply curve

Name: An increase in supply means: A)Movement down given supply curve B)Movement upward given supply curve C)Leftward shift in supply curve D)Rightward shift in supply curve
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Question

Quizplus · Accepted Answer

An increase in supply means that at the same price, more of the good or service is available, which is represented by a rightward shift in the supply curve.

An Increase in Supply Means