As the number of firms in a market decreases, the supply curve will shift to the left and the equilibrium price will fall

Assume that the supply curve for tomatoes is upward sloping. If the price per pound increases from $0.99 to $1.89, a greater quantity of tomatoes will be supplied to the market

a. True b. False Indicate whether the statement is true or false

Volatility

What will be an ideal response?