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Other Fields Homework Help Economics Topic started by: nguyenduong67 on Aug 29, 2017



Title: When a second firm enters a monopolist's market,
Post by: nguyenduong67 on Aug 29, 2017
When a second firm enters a monopolist's market,
A) the market price rises as the average cost increases.
B) the former monopolist's average cost increases as its output level decreases.
C) the demand curve facing the former monopolist shifts to the right.
D) none of the above


Title: Re: When a second firm enters a monopolist's market,
Post by: Quinn1981 on Aug 29, 2017
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