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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: If new firms enter a perfectly competitive industry, the market supply
Post by: Loraine on Jun 21, 2015
If new firms enter a perfectly competitive industry, the market supply
A) does not change.
B) becomes more price elastic.
C) becomes more price inelastic.
D) increases.
E) decreases because each firm produces less than before the entry.


Title: Re: If new firms enter a perfectly competitive industry, the market supply
Post by: Smoooth on Jul 27, 2015
Content hidden


Title: Re: If new firms enter a perfectly competitive industry, the market supply
Post by: Smoooth on Aug 31, 2015
My pleasure :-]