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thanhha78 thanhha78
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6 years ago
When a second firm enters a monopolist's market,
A) the market price falls.
B) the demand curve facing the former monopolist shifts to the right.
C) the former monopolist's average cost decreases as its output level decreases.
D) none of the above
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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thanhha78 Author
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6 years ago
Smart ... Thanks!
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Yesterday
Thanks for your help!!
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2 hours ago
Helped a lot
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