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Entry of new firms into a competitive market will shift the supply curve of the:

A. Firm to the left

B. Industry to the right

C. Firm to the right

D. Industry to the left

Please do not use chat terms. Example: avoid using "grt" instead of "great".

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  1. For the equilibrium of the firm and the industry in the short period in a competitive market, the condition…
  2. The vertical distance between TVC and TC is equal to:
  3. The imaginary differentiation is attributed to difference in:
  4. The word ECONOMICS is derived from the Greek terms meanings:
  5. In joint-profit maximization cartel, the distribution of profit is:
  6. In a competitive market, price is determined primarily by:
  7. If the slope of the isoquant is equal to the slope of isocost, then isoquant is:
  8. In monopolistic competition, the firms follow:
  9. If two households have identical preferences but different incomes then:
  10. In Edgeworth model, price remains:
  11. The maximization of output subject to cost requires equilibrium at the:
  12. Under pure monopoly, there will be:
  13. Ordinal approach includes arranging:
  14. Utility is:
  15. In modern theory of costs, a firm normally utilizes:
  16. In the short-run, in which one of the following situations would a competitive seller close down (shut-down)?
  17. When price decreases and with it the total outlay on a commodity also decreases, it is a case of:
  18. Dumping is international discriminating:
  19. In Edgeworth model, prices oscillate between:
  20. The production possibility curve (PPC) is concerned with:
  21. The market demand shedule is determined by:
  22. The model which gives us information about price and output changes in different periods is:
  23. Marginal utility means:
  24. With the decrease in marginal valuation of a specific commodity, the price offered by the people:
  25. According to marginalistic rule, the profit maximization hypothesis requires:
  26. When with a change in price the total outlay (expenditures) on a commodity remains constant, it is a…
  27. If X and Y are close substitutes, a rise in the price of X will lead to:
  28. The goods sold by firms under monopolistic competition are technological as well as:
  29. If the supply curve is not a straight line but curvilinear, the elasticity on all points of the supply…
  30. The central problem of economics is: