If some firms leave a monopolistically competitive industry, the demand curves of the remaining firms will

Name: If some firms leave a monopolistically competitive industry, the demand curves of the remaining firms will
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Question

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When firms leave a monopolistically competitive industry, the remaining firms face less competition. This typically results in an increase in demand for the products of the remaining firms, as consumers have fewer alternatives, leading to a rightward shift in their demand curves.

If Some Firms Leave a Monopolistically Competitive Industry, the Demand