As new firms enter a competitive price-searcher market, profits of existing firms

a. rise and product diversity in the market increases.
b. rise and product diversity in the market decreases.
c. decline and product diversity in the market increases.
d. decline and product diversity in the market decreases.


C

Economics

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Just before, during, and after the recession of 2007-2009, net exports in the United States

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In 2005-2006, the Fed increased interest rates in an attempt to halt inflation. What was the most likely effect of raising interest rates on velocity?

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Economics