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AndrewKraus AndrewKraus
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7 years ago
If new firms are expected to enter an existing market, ________.
A) the market price is likely to fall
B) the market demand is likely to increase
C) the market supply is likely to fall
D) the profits of all firms are likely to increase
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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7 years ago
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AndrewKraus Author
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#2
7 years ago
Excellent answer, thx
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