Author Question: If the supply curve of a product changes so that sellers are now willing to sell 2 additional units ... (Read 77 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
If the supply curve of a product changes so that sellers are now willing to sell 2 additional units at any given price, the supply curve will
 
  A) shift leftward by 2 units.
  B) shift rightward by 2 units.
  C) shift vertically up by 2 units.
  D) shift vertically down by 2 units.

Question 2

The expression increase in quantity supplied is illustrated graphically as a
 
  A) leftward shift in the supply curve.
  B) rightward shift in the supply curve.
  C) movement up along the supply curve.
  D) movement down along the supply curve.


SVictor

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library