If new manufacturers enter the computer industry, then (ceteris paribus): – Q/A (Question and Answer)

Question
If new manufacturers enter the computer industry, then (ceteris paribus): – Q/A (Question and Answer)

Test Answer

A.the supply curve shifts to the left. B.the supply curve shifts to the right. C.the demand curve shifts to the left. D.some established manufacturers must exit the industry.

Answer:

B.the supply curve shifts to the right.

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