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nguyenduong67 nguyenduong67
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7 years ago
When a second firm enters a monopolist's market
A) the first firm's profits increase.
B) market price will rise.
C) the quantity produced by the first firm will decrease.
D) All of the above will occur.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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