Business, 15.04.2020 22:59 alexacarillo

In the long run, the entry of new firms in an industry:

a. Harms consumers by forcing prices up above the level of total cost

b. Harms consumers by forcing prices up above the level of average cost

c. Benefits consumers by forcing prices down to the level of total cost

d. Benefits consumers by forcing prices down to the level of average cost.

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In the long run, the entry of new firms in an industry:

a. Harms consumers by forcing pr...

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