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nakungth nakungth
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Posts: 1175
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6 years ago
What happens to an incumbent firm's demand curve in monopolistic competition as new firms enter?
A) It shifts right.
B) It shifts left.
C) It becomes horizontal.
D) New entrants will not affect an incumbent firm's demand curve.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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Posts: 463
6 years ago
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nakungth Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Brilliant
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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