Answered

IDNLearn.com offers a comprehensive platform for finding and sharing knowledge. Our experts are ready to provide prompt and detailed answers to any questions you may have.

If the number of suppliers increase, the supply curve will shift to the ________ and the price will ________.

Sagot :

Answer:

Rightwards; Fall

Explanation:

Rightwards; Fall

The increased number of sellers or suppliers will increase the supply in the market. Resulting the supply curve will shift rightwards and with the shift in the supply curve, the price will fall because of the more availability of goods in the market.

We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. IDNLearn.com is your go-to source for accurate answers. Thanks for stopping by, and come back for more helpful information.