Home › CBSE Class 11 (Arts) › Economics › Microeconomics: Producer Behaviour and Supply › When more firms enter an industry, the market su…
When more firms enter an industry, the market supply curve does what?
AShifts outward
BShifts inward
CTurns horizontal
DDisappears
Answer & Solution
Correct answer: A. Shifts outward
More sellers means more quantity offered at each price.
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