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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
wrote...

6 years ago
Good timing, thanks!
Marcie D
wrote...

Yesterday
Just got PERFECT on my quiz
carston
wrote...

2 hours ago
Thanks for your help!!
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