Multiple Choice
When firms enter a market,the ________,causing individual firms' profits to ________.
A) long-run market supply curve shifts right; decrease
B) short-run market supply curve shifts left; decrease
C) short-run market supply curve shifts left; increase
D) short-run market supply curve shifts right; decrease
E) short-run market supply curve shifts right; increase
Correct Answer:
Verified
Correct Answer:
Verified
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