If new firms enter the computer manufacturing industry, then, holding all other things constant,

A. each “old” manufacturer must sell fewer computers than before.
B. some “old” manufacturers must exit the industry.
C. the equilibrium price of computers will rise.
D. the equilibrium quantity demanded of computers will rise.


Answer: D

Economics

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If the U.S. dollar depreciates in value relative to foreign currencies, then this will:

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What are the three major types of quotas?

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Economics