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    Managerial Economics Markets
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    Exam 11: What Should the Firm Do
  5. Question
    Entry of New Firms Causes
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Entry of New Firms Causes

Question 11

Question 11

Multiple Choice

Entry of new firms causes


A) accounting profits to go to zero.
B) market share to grown.
C) economic profits to go to zero.
D) total revenue to be maximized.

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