If the supply curve of a product changes so that sellers are now willing to sell 2 additional units at any given price, the supply curve will

Explain what happens to equilibrium expenditure if autonomous expenditure increases by $100 million

What will be an ideal response?

The price elasticity of supply is usually a positive number because

A) price rises when supply increases. B) quantity supplied increases in response to price increases. C) quantity supplied increases in response to income increases. D) the quantity demanded usually rises when price falls and therefore suppliers would want to capitalize on this increase in demand.