Assume that there is a single firm producing toilet paper and the firm's demand curve is the same as the market demand curve.If a second firm that also produces toilet paper enters the market,what will happen to the demand curve of the original firm?
A) There is a movement up along the demand curve.
B) There is a movement down along the demand curve.
C) It shifts to the right.
D) It shifts to the left.
Correct Answer:
Verified
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