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Matt just created a new company. Beast Energy, and has entered the energy drink sector. Given that the energy drink industry operates under monopolistic competition,

Matt just created a new company. Beast Energy, and has entered the energy drink sector. Given that the energy drink industry operates under monopolistic competition, it is highly probable that
a. the marginal revenue of existing firms will rise.
b. the output of existing firms will rise.
c. profits of existing firms will fall.
d. market demand will rise.
e. the output of existing firms will rise.
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