Asked by
plugga however
on Nov 17, 2024
Verified
If the number of sellers in a market increases, then the
A) demand in that market will increase.
B) supply in that market will increase.
C) supply in that market will decrease.
D) demand in that market will decrease.
Number of Sellers
Refers to the quantity of providers or suppliers available in the market offering a similar product or service.
- Understand the impact of the quantity of buyers and sellers on market results.
Verified Answer
TV
Learning Objectives
- Understand the impact of the quantity of buyers and sellers on market results.