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When new firms enter a perfectly competitive market in which firms are making an economic profit, the market supply curv
Posted: Wed Jul 06, 2022 5:55 am
by answerhappygod
- When New Firms Enter A Perfectly Competitive Market In Which Firms Are Making An Economic Profit The Market Supply Curv 1 (12.56 KiB) Viewed 13 times
When new firms enter a perfectly competitive market in which firms are making an economic profit, the market supply curve shifts O A. rightward; falls O B. rightward; rises O C. leftward; falls O D. leftward; rises Each firm's output O A. increases O B. remains unchanged OC. decreases and the market price