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Seller A, Has an Upward-Sloping Supply Curve, and Is Willing

Question 291

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Seller A, has an upward-sloping supply curve, and is willing to supply 400 units of a commodity at a price of $5 per unit. Seller A is now willing to supply 500 units at a price of $5 per unit. Evidently, seller A has experienced a(n) :


A) increase in supply.
B) decrease in supply.
C) increase in quantity supplied.
D) decrease in the quantity supplied.
E) decrease in demand.

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