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Author Question: Entry of new firms into an existing market causes: A) an upward movement along the market supply ... (Read 38 times)

LCritchfi

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on: Jun 29, 2018
Entry of new firms into an existing market causes:
 
  A) an upward movement along the market supply curve.
  B) a downward movement along the market supply curve.
  C) a rightward shift of the market supply curve.
  D) a leftward shift of the market supply curve.

Question 2

Refer to the scenario above. If Frank discounts delayed utilities with a weight of 9/10, then which of the following statements is true?
 
  A) He will eat both hotdogs and ice cream.
  B) He will eat hotdogs but avoid ice cream.
  C) He will eat ice cream but avoid hotdogs.
  D) He will avoid consuming both hotdogs and ice cream.


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Kdiggy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


LCritchfi

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bbburns21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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