When the supply of citrus product decreases; There is a movement upward on the supply curve There is a movement downward on the supply curve The whole supply curve shifts upward and to the left The whole supply curve shifts downward to the right There are two sellers in the DVD market, Wen and Ahmed. If the market price were $5 per DVD, Wen would be willing to sell 10 DVDs and Ahmed would want to sell 15 DVDs. If the market price were to rise to $7, then: We can confidently say that the market quantity supplied is at least 25dvds The effect on the market supply is unknown b/c we don’t have full graphs for these two sellers The market quantity supplied must be less than 25 The market quantity supplied must be between 10-15 dvds Which of the following would shift the supply curve for corn to the right? an increase in land taxes decrease in land taxes increase in market price of corn decrease in market price of corn
