What effect will firms entering have on the market price? When firms enter, a. market supply will increase, decreasing price. b. market demand will decrease decrease decrease, decreasing price. c. the average total cost of production will decrease decreaseecrease, decreasingdecreasing price. d. market supply will increaseincrease, increasingincreasing price. e. the marginal cost of production will decreasedecrease, decreasingdecreasing price?

Business · College · Thu Feb 04 2021

Answered on

a. market supply will increase, decreasing price.

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