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    Exam 23: Competitive Markets
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    The Entry of Firms into a Market
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The Entry of Firms into a Market

Question 84

Question 84

Multiple Choice

The entry of firms into a market


A) Increases the equilibrium price.
B) Reduces the profits of existing firms in the market.
C) Shifts the market supply curve to the left.
D) Shifts the market demand curve to the left.

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