An Increase in the Number of Firms or Productive Capacity

question 74

Short Answer

An increase in the number of firms or productive capacity in an industry causes supply to _______________ (increase, decrease).

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Definitions:

Landscape

An area of land that is considered in terms of its physical features, including its topography, vegetation, and manmade structures.

Hill Side

Hill sides, or slopes, refer to the inclined surfaces of hills, which can vary in steepness and are often subject to processes like erosion and land slides.

Indonesian Earthquake

A seismic event occurring in Indonesia, a region highly susceptible to earthquakes due to its position on the Pacific "Ring of Fire."

Subduction

The method in which a tectonic plate slides beneath another one and descends into the mantle during the convergence of the plates.