Question

pregunta de opción múltiple
lets say i sell frozen slushies on the beach and a new cart pusher shows up!
what will happen to the supply curve of slushies at the beach, and how will
that shape the price?
the curve will shift right and the price will be higher
the curve will shift left and the price will be lower
the curve will shift right, and the price will be lower.
the curve will shift right and the price will be higher

Explanation:

When a new cart pusher (new supplier) of frozen slushies arrives at the beach, the total quantity of slushies available at every possible price increases. This causes the supply curve to shift to the right. With a greater supply and unchanged demand, the market will reach a new equilibrium where the price of slushies is lower.

Answer:

The curve will shift right, and the price will be lower.