An increase in the number of suppliers in a market results in a ...

[cdr_15]

An increase in the number of suppliers in a market results in a
 
  A) movement up along the supply curve.
  B) rightward shift in the supply curve.
  C) leftward shift in the supply curve.
  D) Both answers A and C are correct.

Question 2

Quotas and tariffs both
 
  A) decrease deadweight loss.
  B) restrict foreign trade.
  C) cause a loss of revenue to domestic producers.
  D) lower prices on imported goods.

[jaygar71]

Answer to Question 1

B

Answer to Question 2

B

[cdr_15]

Thank you

[jaygar71]

No problemo