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I... .71.- ll. .7 s I ! I lug-u..- animal- Quantity Refer to Exhibit 8.10, which shows a competitive rm on the left panel arid

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I... .71.- ll.\" .7 s I ! I lug-u..- animal- Quantity Refer to Exhibit 8.10, which shows a competitive rm on the left panel arid a competitive market on the right panel. The movement along curve 8 from point E to E' in the right panel represents C a. an Increase in the number of rms in the industry. "1 b. an increase in output supplied by each rm in the industry. 'H' c. both an increase in the number of rms in the industry and an increase in each rm's output. \"f d. an increase in the cost of production for the firms in the market. \"\" e. an increase in total revenue of the representative rm from $8 to $12

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