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As firms increase in size, they initially tend to experience
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17 votes
17 votes
As firms increase in size, they initially tend to experience

User HotDogCannon
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6 votes
6 votes

Answer:

Step-by-step explanation:

Entry of many new firms causes the market supply curve to shift to the right. As the supply curve shifts to the right, the market price starts decreasing, and with that, economic profits fall for new and existing firms.

User DanSkeel
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