When some firms exit a market in which firms incur economic losses, how do the market supply curve and the market price change? What happens to each remaining firm's economic loss? Question content area bottom Part 1 When some firms exit a market in which firms incur economic losses, the market supply curve shifts _______ and the market price _______. A. rightward; falls B. rightward; rises C. leftward; falls D. leftward; rises Part 2 Each remaining firm's economic loss _______. A. increases B. remains unchanged C. decreases