The entry of new firms into a competitive market will Answer increase market sup

Question

The entry of new firms into a competitive market will Answer increase market supply and increase market price. increase market supply and decrease market price. decrease market supply and increase market price. decrease market supply and decrease market price. The entry of new firms into a competitive market will The entry of new firms into a competitive market will increase market supply and increase market price. increase market supply and decrease market price. decrease market supply and increase market price. decrease market supply and decrease market price. increase market supply and increase market price. increase market supply and decrease market price. decrease market supply and increase market price. decrease market supply and decrease market price.

Explanation / Answer

. increase market supply and decrease market prices

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