Economy, asked by nandkishore7168, 11 months ago

How does an increase in the number of firms in a market affect the market supply curve?

Answers

Answered by PiyushSinghRajput1
4

Explanation:

A change in number of sellers causes the supply curve to shift. ... Now, consider how a change in the number of sellers shifts the supply curve. More Sellers: If there is an increase in the number of sellers in the market, then the supply of the good increases

Answered by brainlyhelper143
0

Explanation:

the SMC curve cut the AVC curve at the minimum point of the AVC curve

Similar questions