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If the entry of new firms in a perfectly competitive industrysubstantially increases the market demand for resources, a) this reduces the market price of resources

If the entry of new firms in a perfectly competitive industrysubstantially increases the market demand for resources,

a) this reduces the market price of resources

b) this raises the market price of resources

c) the market price of resources does not change

d) this lowers the ATC curves of individual firms

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