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Suppose new firms are entering an industry, causing the costs of the existing firms in the industry to decrease. What can we discern from this

Suppose new firms are entering an industry, causing the costs of the existing firms in the industry to decrease. What can we discern from this about the slope of the long-run market supply curve? Group of answer choices It will be upward sloping. It will be horizontal. It will be downward sloping. This information is not enough to tell anything about the slope of the long-run market supply curve

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