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Oliga [24]
3 years ago
9

Assume that the number of sellers in a market increase, what will happen to the supply curve for the product, and what will happ

en to the price and quantity in the market ?
Social Studies
1 answer:
Gelneren [198K]3 years ago
6 0

Answer:

A change in the number of sellers in an industry changes the quantity available at each price and thus changes supply. An increase in the number of sellers supplying a good or service shifts the supply curve to the right; a reduction in the number of sellers shifts the supply curve to the left.

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