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jhaygood86 jhaygood86
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Posts: 545
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6 years ago
When businesses enter an industry making economic profits, market
A) demand decreases, and the equilibrium price falls.
B) demand increases, and the equilibrium price rises.
C) supply decreases, and the equilibrium price rises.
D) supply increases, and the equilibrium price falls.
E) supply increases, and the equilibrium price rises.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
Read 68 times
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