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

Verified Answer :

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.

francocanacari

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.

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