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Author Question: Entry causes ____ to increase and a firm's demand curve to ____. A) quantity supplied, fall. B) ... (Read 48 times)

nenivikky

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on: Jun 30, 2018
Entry causes ____ to increase and a firm's demand curve to ____.
 A) quantity supplied, fall.
  B) supply, rise
  C) supply, fall.
  D) demand, rise.

Question 2

For a competitive firm
 A) price is equal to marginal revenue.
  B) price is less than marginal revenue.
  C) demand is less than marginal revenue.
  D) demand is less than average revenue but equal to marginal revenue.


sarah_brady415

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


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