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hussainizzle hussainizzle
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A year ago
If entry into a monopolistically competitive industry occurs because of positive profits earned by the existing firms, the

▸ demand curves for the existing firms will remain unchanged.

▸ industry demand curve will shift to the left.

▸ demand curve for each existing firm will shift to the left.

▸ demand curve for each existing firm will shift to the right.

▸ industry demand curve will shift to the right.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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cheesoslimocheesoslimo
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A year ago
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You make an excellent tutor!
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this is exactly what I needed
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Helped a lot
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