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How will new entrants in the perfect competitive market impact on the profit levels of existing businesses? ​
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How will new entrants in the perfect competitive market impact on the

profit levels of existing businesses?

​

User Darren Kopp
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1 Answer

5 votes

Answer:

negative

Step-by-step explanation:

as the profits are determined by the quantity it will lead to many competitor's

User Pavel Arapov
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