if the number of firms in an industry decreases, the supply curve will shift to the right. a. true b. false
if the number of firms in an industry decreases, the supply curve will shift to the right. a. true b. false
Answer
Brief Explanations:
When the number of firms in an industry decreases, there are fewer producers supplying goods or services. This leads to a reduction in the overall quantity supplied at each price level, causing the supply curve to shift to the left, not the right.
Answer:
B. False