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Retnec Retnec
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When additional firms enter a competitive industry,
A) the industry supply curve shifts left, raising the market price.
B) the industry demand curve shifts right, lowering the market price.
C) the industry supply curve shifts right, lowering the market price.
D) the industry demand curve shifts left, raising the market price.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
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Retnec Author
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