Which factor will raise the price of milk?

A) a shift to the right of the supply curve for milk
B) a shift to the right of the demand curve for milk
C) an increase in the number of milk suppliers
D) a decrease in the number of milk buyers

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to sell, holding other factors constant.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, typically downward sloping.

Milk Suppliers

Entities involved in the production and distribution of milk and milk-related products to consumers and businesses.