An increase the number of firms producing espresso would lead to a(n)
A) decrease in quantity supplied.
B) decrease in supply.
C) increase in quantity supplied.
D) increase in supply.
E) increase in the price of espresso.

Question

Quizplus · Accepted Answer

An increase in the number of firms producing espresso would lead to an increase in the supply of espresso. This is because there are now more producers providing the same product, which will lead to an increase in the quantity of espresso supplied.

An Increase the Number of Firms Producing Espresso Would Lead