11. Consider a monopolistically competitive firm. From the point of view of the remaining firms, as firms
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11. Consider a monopolistically competitive firm.
From the point of view of the remaining firms, as firms leave the industry we can think of this as a shift to the
a. left for each individual firm’s supply curve.
b. left in each individual firm’s MC curve.
c. right in each individual firm’s ATC curve.
d. right in each individual firm’s demand curve.
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