When a new seller enters the market, quantity supplied at a given price ________

decreases as the supply curve shifts to the right

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decreases as the supply curve shifts to the left

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increases as the supply curve shifts to the right

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increases as the supply curve shifts to the left

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Solution

The correct option is C
increases as the supply curve shifts to the right

When a new seller enters the market, the quantity supplied at a given price increases as the supply curve shifts to the right

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Similar questions

Q. When a new seller enters the market, quantity supplied at a given price as supply shifts to the .

Show with the help of a diagram, the effect on equilibrium price and quantity when:
(i) Demand is perfectly elastic and supply decreases.
(ii) Supply is perfectly inelastic and demand increases.
(iii) The demand curve is perfectly elastic and the supply curve shifts outwards.

Q. When supply curve shifts to the right, _________.
A. There is excess supply
B. There is deficient supply
C. Prices tend to fall
D. Prices tend to rise

Q. In perfect competition, in the long run if a new firm enters the industry the supply curve shifts to the right resulting in ___________.

The long-run average costs at the efficient scale of production for 6 firms in a market are given below.

$\begin{matrix} F i r m & L R A C_{m i n} A & 10 B & 15 C & 13 D & 18 E & 17 F & 12 \end{matrix}$

The market price fell from Rs 20 to Rs 15. As a result ________

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When a new seller enters the market, quantity supplied at a given price ________

The correct option is C increases as the supply curve shifts to the right When a new seller enters the market, the quantity supplied at a given price increases as the supply curve shifts to the right

The correct option is C
increases as the supply curve shifts to the right

When a new seller enters the market, the quantity supplied at a given price increases as the supply curve shifts to the right