Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Experience the ease of finding accurate answers to your questions from a knowledgeable community of professionals. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

Suppose some firms exit an industry characterized by monopolistic competition. we would expect the demand curve of a firm already in the industry to
a) Shift to the left
b) Shift to the right
c) becomes more elastic
d) does not change