3 years ago

An increase in the number of bakeries in an area would most likely cause what change to the supply of baked goods?

2 answers:

5 0

An increase in the number of bakeries in an area would lower the prices of the baked goods, since it would increase the supply without a growth of the demand. More products would be offered to the same number of buyers, so in a logical market situation, the products would lower their price due to competition and overproduction.

Blababa [14]3 years ago

4 0

I am not sure if you are looking for a more in-depth answer that includes specified terms, but using logic, the answer would be: there would be more supply of baked goods.

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