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WebWhen new firms enter a monopolistically competitive market, the economic profits of existing firms, A. will increase because their average cost of production will decrease. B. will increase because their demand curves will become more elastic. C. will decrease because their demand curves will shift to the left. Your answer is correct. D. WebJun 12, 2024 · Several top law firms have given their youngest lawyers pay raises after year of record-breaking profits and competition to retain their workforce New York-based … med load
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