A rise in demand for restaurant meals is likely to cause which of the following in the long run?

Question

Quizplus · Accepted Answer

An increase in demand for restaurant meals is likely to encourage more restaurants to enter the industry, expanding the supply of restaurant meals, and creating some competition among the restaurants. Therefore, the market will be able to accommodate more restaurants in the industry due to the increased demand for restaurant meals.

A Rise in Demand for Restaurant Meals Is Likely to Cause