Use the table below to answer the following questions.
Table 3.5.3
Demand and supply schedules for designer sport t-shirts at CoolU

-Refer to Table 3.5.3.A new store opens up on the edge of campus,Great Wild North Sportswear,which has the capacity to do as much business as all the existing businesses.The quantity of t-shirts supplied doubles at each price.This would be represented as a
A)movement up along the supply curve.
B)rightward shift of the demand curve.
C)leftward shift of the demand curve.
D)rightward shift of the supply curve.
E)leftward shift of the supply curve.

Question

Use the table below to answer the following questions.
Table 3.5.3
Demand and supply schedules for designer sport t-shirts at CoolU
 
-Refer to Table 3.5.3.A new store opens up on the edge of campus,Great Wild North Sportswear,which has the capacity to do as much business as all the existing businesses.The quantity of t-shirts supplied doubles at each price.This would be represented as a
A)movement up along the supply curve. 
B)rightward shift of the demand curve. 
C)leftward shift of the demand curve. 
D)rightward shift of the supply curve. 
E)leftward shift of the supply curve.

Quizplus · Accepted Answer

A rightward shift of the supply curve represents an increase in the quantity supplied at every price level, which is what is happening in this scenario.

Use the Table Below to Answer the Following Questions