If the Number of Pizza Restaurants in a Region Increases

Multiple Choice

If the number of pizza restaurants in a region increases from 50 to 100 in the last year,what is the likely result?

A) There will be no increase in supply,hence there will have no effect on the equilibrium price.
B) There will be an increase in supply,which will lead to a decrease in demand.
C) There will be an increase in supply,which will lead to a decrease in the equilibrium price.
D) There will be an increase in supply,which will lead to an increase in demand.
E) It is not possible to predict what will happen.