The establishment of new companies affects the quantity supplied of an item. true or false?

Question

paigejboo · Answer

Id say false, what do you think?

paigejboo · Answer

@LoveFaith18 ?

lovefaith18 · Answer

i say its false also

wwhitlock · Answer

I sell widgets. I make 100 a day. There are always people who want more widgets. The guy accross the street sees this and starts another widget making business. More people get widgets and happiness reigns. Somebody else starts making widgets cheaper down the road. More widgets! At some point there may be too many widgets. And somebody will not make them anymore. 
But no one goes into business to not make money.

lovefaith18 · Answer

@wwhitlock so we are right?

wwhitlock · Answer

More people making things = quantity goes up. The statement is true.