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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
If firms in a perfectly competitive market are incurring economic losses, then as time passes firms ________ and the market ________.
A) enter; demand curve shifts leftward
B) enter; supply curve shifts rightward
C) exit; demand curve shifts leftward
D) exit; supply curve shifts rightward
E) exit; supply curve shifts leftward
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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9 years ago
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9 years ago
You're welcome Happy Dummy
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