The decision by firms to enter a market shifts the market supply curve to the right.

Name: The decision by firms to enter a market shifts the market supply curve to the right.
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Question

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When firms enter a market, the supply of goods or services in that market increases, shifting the market supply curve to the right. This is because there are now more producers offering their products, increasing the quantity supplied at any given price.

The Decision by Firms to Enter a Market Shifts the Market