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If Some Firms Leave a Monopolistic Competitive Market, the

Question 151

Multiple Choice

If some firms leave a monopolistic competitive market, the


A) remaining firms will charge a lower price to try to capture the released market share
B) remaining firms' cost curves will shift upward and to the right
C) remaining firms' demand curves will shift to the left
D) market demand curve shifts to the right
E) remaining firms will produce at a different point on their ATC curves

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