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Home Q & A Board Other Fields Homework Help Business Economics
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nguyenduong67 nguyenduong67
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6 years ago
When a second firm enters a market, the original firm's profits decline because
A) the original firm's ATC increases.
B) the original firm's price decreases.
C) the original firm's quantity decreases.
D) All of the above are correct.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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6 years ago
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nguyenduong67 Author
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6 years ago
Thank you, thank you, thank you!
Lawson1981
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Yesterday
Thanks
MAry1395
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2 hours ago
this is exactly what I needed
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