When a new firm enters a competitive price-searcher market, the demand curves faced by all existing firms in that market will
a. shift to the left.
b. shift to the right.
c. shift in a direction that is unpredictable without further information.
d. remain unchanged. It is the supply curve that will shift.
A
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A) Paying back a loan today B) Borrowing money today C) Depositing money today D) Withdrawing money in the future
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