If firms in a competitive market are making positive economic profits,you would expect firms to ________ the market,causing the ________ curve to shift to the ________.

Question

Quizplus · Accepted Answer

When firms in a competitive market are making positive economic profits, it attracts new firms to enter the market. This increases the total supply of goods or services available, which is represented by a rightward shift in the market supply curve.

If Firms in a Competitive Market Are Making Positive Economic