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Agave, Six Feet Under, Globe, Silk, Sotto Sotto and Zocalo

Question 268

Multiple Choice

Agave, Six Feet Under, Globe, Silk, Sotto Sotto and Zocalo are all restaurants in Atlanta. In this monopolistic market, economic profit would encourage ________, which decreases the ________ for each firm's meals.


A) entry; demand
B) entry; supply
C) exit; demand
D) exit; supply

Correct Answer:

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