A. more is sold at different prices
B. more is sold at the same price
C. there is a leftward shift of the supply curve
D. there is a movement along the supply curve
Correct Answer:
Option B – more is sold at the same price
Explanation
An increase in supply refers to the rise in the supply of a good or service at the same price or a rightward shift in the supply curve.
This means that producers plan to sell more of the goods at each possible price.
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