Answer to Question #164463 in Microeconomics for Sulaiman

Question #164463

What will happen to the equilbirium of tomatoes if the number of seller increases in the market


1
Expert's answer
2021-02-18T15:36:04-0500

If the number of seller increases in the market of tomatoes, then the supply also increases. As a result, the equilibrium price will fall and quantity demanded will increase.


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