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If Firms in a Competitive Market Are Incurring Economic Losses,we

Question 84

Multiple Choice

If firms in a competitive market are incurring economic losses,we would expect firms to ________ the market,causing the ________ curve to shift to the ________.


A) leave; demand; right
B) enter; demand; left
C) leave; supply; right
D) enter; supply; left
E) leave; supply; left

Correct Answer:

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