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A couple of new nail salons open in a town with similar firms. As new firms enter the market, what will probably happen to the

A couple of new nail salons open in a town with similar firms. As new firms enter the market, what will probably happen to the existing firms' demand curves?

They will shift up and to the right.

They will shift down and to the right.

They will shift down and to the left.

They will shift up and to the left.

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